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NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION, NEW DELHI
Viswanath (Presiding Member), Ram Surat Ram Maurya (Member)
Park Leather Industries Ltd. v. United India Insurance Co. Ltd.
| Table of Content |
|---|
| 1. claim for insurance due to inundation. (Para 1 , 2 , 3) |
| 2. repudiation of claim and defense by insurance company. (Para 4 , 5 , 6) |
| 3. maintainability of the complaint despite complex facts. (Para 12 , 14 , 20) |
| 4. compensation guided by surveyor's assessments and policy terms. (Para 23 , 24) |
1. The present Complaint is filed under S.21(a)(1) of the Consumer Protection Act, 1986 .
2. The Complainant is a Limited Company incorporated under the Companies Act and operates in leather processing business, having one of its establishments at Runkata, Agra. The building, plant & machinery and stocks of the Complainant were comprehensively insured against Fire and Special Perils by Opposite Parties, vide Policy No. 080404/11/05/00147, from 30.6.2005 to 29.6.2006. The Complainant paid a premium of Rs. 72,126 under the Policy for risk cover as follows:
Buildings including boundary wall, cables. Meter Board & other similar goods for sum assured Rs. 1 Crore.
3. The case of the Complainant is that in the night of 1.8.2005, due to heavy rain the factory shed fell down causing huge damage to the building, plant & machinery and stocks. On 2.8.2005, the Complainant sent intimation regard
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