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