SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2022 Supreme(Guj) 1087

ARAVIND KUMAR
Omkar Textiles Mills Pvt Ltd – Appellant
Versus
New India Assurance Company Limited – Respondent


Advocates:
Advocate Appeared:
For the Appellant : MR RATILAL V SAKARIA, MR C.P. CHANIYARA, MS SHABANA N. ANSARI
For the Respondent: MR RITURAJ M MEENA

ORDER :

1. Heard Shri Ratilal Sakaria, learned counsel appearing for petitioner and Shri Rituraj Meena, learned counsel appearing for the respondent. Perused the records.

2. This petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, for appointment of a sole arbitrator.

3. Brief facts which have led to the filing of this petition are as under :

3.1 Petitioner had obtained a fire policy from the respondent by ensuring for a sum of Rs.30 Crores and the subject matter covered under the policy was stock and stock in process as described in the policy for the period 24.04.2018 to 23.04.2019.

3.2 On account of there being an incident of fire that occurred at the petitioner’s factory premises on 18.10.2018 at 05.05 p.m. due to alleged short circuit, it resulted in stock located in the factory premises burnt out and damaged. Loss was reported to the respondent on the same day and respondent insurer deputed the Surveyor who visited the factory premises on 19.10.2019. It is the grievance of petitioner that the Surveyor so appointed by the insurer had not inspected the whole area which was affected by fire and he had hurriedly formed his opinion for assessment of los

      Click Here to Read the rest of this document
      1
      2
      3
      4
      5
      6
      7
      8
      9
      10
      11
      SupremeToday Portrait Ad
      supreme today icon
      logo-black

      An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

      Please visit our Training & Support
      Center or Contact Us for assistance

      qr

      Scan Me!

      India’s Legal research and Law Firm App, Download now!

      For Daily Legal Updates, Join us on :

      whatsapp-icon telegram-icon
      whatsapp-icon Back to top