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NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
MR. JUSTICE RAM SURAT RAM MAURYA, PRESIDING MEMBER, DR. INDER JIT SINGH, MEMBER
M/S. PADMAJA LABORATORIES PRIVATE LIMITED – Appellant
Versus
UNITED INDIA INSURANCE COMPANY LTD. – Respondent
| Table of Content |
|---|
| 1. arguments surrounding the complaint and insurer's response. (Para 1 , 5 , 6 , 7) |
| 2. details of insurance policy and fire incident. (Para 3 , 4) |
| 3. evaluation of discrepancies in claim assessment. (Para 8 , 9) |
| 4. legal decision on the complaint's dismissal. (Para 10) |
1. Heard Mr. B.V.S. Halapathi Rao, Advocate, for the complainant and Mr. Ravi Bakshi, Advocate, for the opposite party.
2. M/s. Padmaja Laboratories Private Limited (the Insured) has filed above complaint, for directing United India Insurance Company Limited (the Insurer) to pay Rs.9999999/- with interest @18% per annum from 27.07.2011 till the date of payment, towards balance insurance claim, punitive damages 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. Padmaja Laboratories Private Limited (the Insured) was a company, registered under the Companies Act, 1956 and engaged in manufacturing and supplying the veterinary and poultry medicines and feed supplements. The Insured had Factory Licence of 10968 and Registration No.66481, Drug Control Licence No.30/AP/KR/96/F/CC and VAT Registration and TIN No.28810865472. The I
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