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NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION, NEW DELHI
R. K. Agrawal (President), Dr. S. M. Kantikar (Member)
Iffco Tokio General Insurance Company v. Rigid Global (India) Ltd.
| Table of Content |
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| 1. the appeal is based on the insurance company's liability to pay for the claim. (Para 1 , 5 , 6) |
| 2. misrepresentation by agents can affect principal liability. (Para 7 , 14 , 15) |
| 3. the court found no basis to question the state commission's decision. (Para 9 , 11 , 16) |
1. The present Appeal has been filed against the Order dated 20.8.2007 passed by the State Consumer Disputes Redressal Commission, Rajasthan at Jaipur (hereinafter to be referred to as State Commission) in Complaint No. 9 of 2006, whereby the Complaint filed by the Complainant was partly allowed and Respondent, Iffco Tokio General Insurance Company Ltd. (hereinafter referred to as the the Insurance Company) was directed to pay to the Complainant a sum of Rs. 17,69,260 to wards loss suffered by it due to damage to the furniture stocks lying at its go down at Bhiwandi, along with interest @ 9% p.a. from the date of repudiation of claim, i.e. 30.3.2006 till realization.
2. Brief facts of the case as narrated in the Complaint are that the Complainant, a proprietorship concern, which is dealing in the business of imported office furniture and having its Head Office at Jaipur and offices - cum - go downs a
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