ORDER

Subhash Chandra, Member—This complaint has been filed under section 25 of the Consumer Protection Act, 1986, (in short, ‘the Act’) alleging deficiency in service in the repudiation of its insurance claims under the Standard Fire and Special Peril Policies issued by the opposite party.

2. The fact of the case in brief, as stated by the complainant are that the complainant had established a cold storage in village Duggirala, District Guntur, Andhra Pradesh for storage of agricultural products in 2008 after obtaining necessary clearances from the local Gram Panchayat, Deputy Chief Inspector, Factory Department, Guntur, Andhra Pradesh and Fire and Emergency Department, Andhra Pradesh. He was sanctioned a loan of Rs.2,30,00,000/- by the Indian Bank, Vijayawada for the said cold storage. The complainant had obtained two Standard Fire and Special Peril Policies no.150800/11/11/11/00000051 and no.150800/11/11/110000083 including one enhancement policy no.150800/11/11/1183000009 each for a period of four months from 19.04.2011 to 18.08.2011 and from 06.05.2011 to 05.09.2011 respectively, covering stock for Rs.25 crores and building and plant machinery for Rs.3.08 crores. It is submitt