ORDER

The present Complaint is filed under Section 21 (a) (1) of the Consumer Protection Act, 1986.

2. The Complainant is a Limited Company incorporated under the Companies Act and operates in leather processing business, having one of its establishments at Runkata, Agra. The building, plant & machinery and stocks of the Complainant were comprehensively insured against Fire and Special Perils by Opposite Parties, vide Policy No.080404/11/05/00147, from 30.6.2005 to 29.6.2006. The Complainant paid a premium of Rs.72,126/- under the Policy for risk cover as follows:—

• Buildings including boundary wall, cables. Meter Board & other similar goods for sum assured Rs.1 Crore.

• Plant, machinery & accessories including Generator sets for sum assured Rs.1 Crore.

• Other stocks:—

o Finished Leather Sum Assured : Rs.50 Lakhs

o Chemicals for Sum assured : Rs.35 Lakhs

o Wet Blue like unfinished leather

Sum insured : Rs.1 Crore

Total Sum insured : Rs.3,85,00,000/-

3. The case of the Complainant is that in the night of 01.08.2005, due to heavy rain the factory shed fell down causing huge damage to the building, plant & machinery and stocks. On 02.08.2005, the Complainant sent intima