Back
NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION, NEW DELHI
Mr. Vinay Mathur, Mr. Nikhil Goel, JJ
M/s. Saurashtra Chemicals Limited – Appellant
Versus
National Insurance Company Limited – Respondent
| Table of Content |
|---|
| 1. details regarding the insurance claim and damages. (Para 2 , 3) |
| 2. arguments related to the maintainability of the complaint. (Para 4) |
| 3. court's observation regarding the discharge voucher and related regulations. (Para 6 , 7 , 9) |
| 4. ratio decidendi regarding the assessment of loss. (Para 8) |
| 5. final conclusion and directions on interest payment. (Para 10) |
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
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
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
