JUDGMENT

Dr. Sangita Dhingra Sehgal, (President).—The present Complaint has been filed before this Commission under Section 17 of the Consumer Protection Act, 1986, by the Complainant alleging deficiency in service and Unfair Trade Practice on the part of Opposite Parties and has prayed for the following reliefs:

“(a) allow the present complaint and hold the opposite parties of guilty of deficiency in service and unfair trade practice and has thereby violated the relevant provisions of Consumer Protection Act, 1986;

(b) quash the repudiation letter dated 13.4.2012 issued by the opposite party insurance company;

(c) quash the operation of the notice dated 02.09.2013 issued by the Opposite Party No.4 under Section 13(2) of SARFAESI Act, 2002;

(d) direct the opposite party insurance company to pay the complainant the claimed amount of Rs.44.64 Lacs along with interest @ 15% per annum on the said claimed amount calculated from the date of loss i.e. 9.5.2011 till the date of realization of the same by the complainant;

(e) award a compensation of Rs.15 lacs in favour of the complainant and against the opposite parties insurance company as well as the Opposite Party No.4 jointly and