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SHREE CHANDRASHEKHAR, RATNAKER BHENGRA
New India Assurance Company Limited – Appellant
Versus
Sri Balaji Agro Farm Industries Pvt. Ltd. – Respondent
| Table of Content |
|---|
| 1. condonation of delay in filing appeal. (Para 1 , 4 , 5) |
| 2. dismissal of appeal and final order. (Para 3 , 17) |
| 3. arbitrator's authority and claim assessment. (Para 6 , 7) |
| 4. claims and challenges related to insurance policy. (Para 8 , 10) |
| 5. judicial discretion and appeal limitations. (Para 9 , 13) |
| 6. grounds for setting aside an arbitration award. (Para 11 , 12) |
| 7. inclusion of expenses in insurance policy. (Para 14 , 15) |
ORDER :
I.A. No. 4129 of 2020
1. The appellant has filed this interlocutory application under section 5 of the LIMITATION ACT seeking condonation of delay of 57 days in filing the present Letters Patent Appeal.
2. In view of the statements made in this interlocutory application, the delay of 57 days in filing this appeal is condoned.
3. I.A. No. 4129 of 2020 is, accordingly, allowed.
Commercial Appeal No. 17 of 2020
4. Briefly stated, the New India Assurance Company Limited (in short, Insurance Company) issued a Standard Fire and Special Perils Policy dated 12th November 2014 through its Chaibasa branch in respect of the rice mill belonging to M/s Sri Balaji Agro Farm Industries Pvt. Ltd. (in short, claimant) at village Ranjitpur in the district of Seraik
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