1. Heard Mr. Vinay Mathur, Advocate and Mr. Nikhil Goel, Advocate, for the complainant and Mr. Abhishek Kumar Gola, Advocate, for the opposite party.

2. M/s. Saurashtra Chemicals Limited has filed aforementioned complaint for directing National Insurance Company Limited (the Insurer) to pay (i) Rs. 74,74,694 as balance insurance claim, (ii) Rs. 25 lacs as compensation for mental pain and harassment, (iii) Rs. 1,24,45,365, i.e. interest @ 18% per annum w.e.f. 26.1.2001 to 24.4.2010, on the balance insurance claim, (iv) interest @18% per annum on the entire insurance claim from 25.4.2010 till the date of payment, (v) to pay Rs. one lac as cost of the litigation and (iii) any other relief which is deemed fit and proper, in the facts and circumstances of the case.

3. The facts, as stated in the complaint and emerged from the documents attached with the complaint, are as follows:
(a) The complainant (hereinafter referred to as the Insured) was a company, incorporated under the Companies Act, 1956 and engaged in the business of manufacturing and sale of ‘Soda Ash’. Manufacturing plant of ‘Soda Ash’ was at Porbander, where the Insured had residential colony and dairy farm. Major raw