The court established that prior acceptance of an insurance settlement does not bar legitimate further claims, adhering to the principles of indemnity outlined in the insurance contract.

1. Heard Ms. Shobha Gupta, Advocate, for the complainant and Mr. Niraj Singh, Advocate, for the opposite parties.

2. M/s. Gaurav Aircon Computers Private Limited (the Insured) has filed above complaint, for directing National Insurance Company Limited (the Insurer) to pay Rs. 3,12,64,174 with interest @ 18% per annum from due date till the date of payment, towards balance insurance claim, Rs.15 lacs, as the compensation for mental agony and harassment, Rs. 35 lacs, as the compensation for business loss, Rs. 5 lacs, as the cost of litigation and any other relief, which is deemed fit and proper in the facts and circumstances of the case.

3. The complainant stated that M/s. Gaurav Aircon Computers Private Limited (the Insured) was a company, incorporated under the Companies Act, 1956, in the year 2002 and engaged in the business of distribution of electronic items. The Insured took a warehouse, admeasuring16332 sq. ft. (15532 sq.ft. RCC roofed building and 800 sq.ft. tin shed building) at E - 168, Road No. - 9 - J, Vishwakarma Industrial Area, Jaipur, Rajasthan, on lease, vide lease deed dated04.12.2015. This warehouse was shared by the Insured to the extent of 3200 sq.ft. and its sister concerns M/s. Ganesham Electrotech Supermarket Private Limited to the extent of 5500 sq.ft., M/s. Chandra Electronics Appliances Pvt. Ltd. to the extent of 5032 sq.ft., M/s. Chandra Entrepreneurs Pvt. Ltd to the extent of 800 sq.ft. and M/s. Vareto Electro Pvt. Ltd. to the extent of 1800 sq.ft. National Insurance Company Limited (the Insurer) was a public Insurance Company and used to provide different insurance services to the public. The Insured obtained Standard Fire And Special Perils Policy No. 376002111610000162 from National Insurance Company Limited (the Insurer), for the period of 30.3.2017 to 29.3.2018, for a sum insured of Rs. 7 crores, on the Stock of Electric, Electronics and Health Equipment, Mobile, T.V., Fridge, A.C., L.C.D. Mobile, Computer, UPS and similar types of Electronic Items, stored at E - 168, Road No. - 9 - J, Vishwakarma Industrial Area, Jaipur.

4. Major fire broke out at the warehouse of the Insured in morning of 26.4.2017. Ishwar Lal Meena, the Security Guard on duty at the warehouse noticed the fire at 7:00 hours and immediately informed Ashish Dhoka, son of the director Lalit Dhoka, on telephone. Lalit Dhoka immediately informed Fire Service Station, at Vishwakarma Industrial Area, Jaipur, from where, 7 fire tenders were deputed on the spot, who could control the fire at about 20:00 hours on 26.4.2017. The Insured informed the fire incident to the local police station on 28.4.2017, where it was noted in General Diary at 21.05 hours. The Insured informed the Insurer on telephone about the fire incident at its warehouse on 26.4.2017. The Insurer appointed G.L. Sharma, Surveyors & Loss Assessors, Jaipur as the preliminary surveyor on 26.4.2017, who visited the spot on 26.4.2017, inspected the warehouse and took photographs. G.L. Sharma submitted Preliminary Survey Report dated 27.4.2017 that warehouse consisted 4 halls, i.e. three RCC roofed halls and one tin shed hall, out of which two RCC roofed halls and one tin shed hall were fully affected with fire and the stock stored there were completely burnt and destroyed. One RCC roofed hall was safe and stock of that hall were shift to other location. The Insurer appointed Sanjay Dwivedi & Associates, Delhi as the surveyor on 26.4.2017. The surveyor visited the spot on 27.4.2017. He inspected the fire affected premises on the same day and on subsequent dates. The surveyor asked the In