NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION, NEW DELHI
Just. R.K. Agrawal, J
Insurance Company – Appellant
Versus
Complainant – Respondent
| Table of Content |
|---|
| 1. revision petition context and facts of the insurance claim. (Para 1 , 2 , 3) |
| 2. arguments on liability and coverage issue. (Para 4 , 5 , 6) |
| 3. court's analysis of policy terms and claim rejection. (Para 7 , 8 , 9 , 10 , 11 , 12) |
| 4. ratio decided focusing on contractual obligations. (Para 13) |
| 5. final ruling on appeal. (Para 14) |
1. The present Revision Petition has been filed by the Petitioner / Opposite Party against order dated 6.3.2013 passed by the Rajasthan State Consumer Disputes Redressal Commission, Jaipur (for short “State Commissionâ€) in First Appeal No. 699 of 2012.
2. Complainant had taken a Fire and Floater Special Perils Policy No. 141701/11/09/13/00000205 for a sum insured of Rs. 13 crores from the Opposite Party / Insurance Company, valid for the period 13.1.2010 to 12.1.2011. The Policy covered industrial manufacturing risk for chemical manufacturing (using material with flash point below 32 degree Celsius) and bulk drug manufacturing, stock of raw - materials stored at Insured’s bulk drug manufacturing unit situated at E - 292 Phase - 1 Bhiwadi and godown at SPA - 503, Samtel Zone Bhiwadi Distt. Alwar, Rajasthan. According to the Complainant, on
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