United India Insurance Company Limited VS Core Green Sugars & Fuels Pvt. Ltd.

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

SUBHASH CHANDRA, SADHNA SHANKER
United India Insurance Company Limited – Appellant
Versus
Core Green Sugars & Fuels Pvt. Ltd. – Respondent

Advocates:
Counsel for the Parties:
For the Appellant:Mr. Animesh Sinha, Advocate
For the Respondent:Mr. Madhurendra Kumar, Advocate

ORDER

Subhash Chandra, Presiding Member.—This first appeal under Section 19 of the Consumer Protection Act, 2019 (in short, ‘the Act’) assails the order dated 02.01.2017 of the Telangana State Consumer Disputes Redressal Commission, Hyderabad (in short, ‘the State Commission’) in Complaint case no.160 of 2014 by allowing the complaint and directing opposite party No.1/respondent No.1 to pay Rs.56,90,848/- with interest @ 9% per annum from 02.12.2010 till realization with cost of Rs.5,000/- within four weeks.

2. IA No.4836 of 2017 is an application praying for condonation of delay of 60 days which is condoned in the interest of justice for the reasons stated in the IA.

3. We have heard the learned counsel for the parties and have carefully considered the material on record.

4. The relevant facts of the case, in brief, are that respondent no.1 had proposed to set up an integrated sugar complex with 5000 TCD sugar plant with 24 MW co-generation power plant and 50 KLPD distillery in Tumkur Village, Yadgir District, Karnataka. The respondent engaged an agency to construct two MS Molasses Tank and obtained a Storage-cum-Erection Insurance Policy from the appellant for the period 01.11.20

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