Supreme Court · 2013 INSC 39 · Decided 17 January 2013
Export Credit Guarantee CORPN. of India LTD. v. M/S. Garg Sons International
- Court
- Supreme Court of India
- Citation
- 2013 INSC 39 · [2013] 1 S.C.R. 336
- Case number
- CIVIL APPEAL No. 1557/2004
- Decided
- 17 January 2013
- Bench
- B.S. CHAUHAN, V. GOPALA GOWDA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Consumer Protection Act Section 19
Headnote
Insurance - Contract of Insurance - Interpretation of - Held: While construing the terms of a contract of insurance, C the words used therein must be given paramount imporlance, and it is not open for the Courl to add, delete or substitute any words -Since upon issuance of the insurer undertakes to indemnify the loss suffered by the insured on account of risks covered by the policy, its terms D have to be strictly construed in order to determine the extent of the liability of the insurer - It is not permissible for the courl to substitute the terms of the contract
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