Supreme Court · 2006 INSC 953 · Decided 5 December 2006
M/S. Peacock Plywood PVT. LTD. v. The Oriental Insurance CO. LTD.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 953 · [2006] SUPP. 10 S.C.R. 140
- Case number
- CIVIL APPEAL No. 5608/2006
- Decided
- 5 December 2006
- Bench
- S.B. SINHA, DALVEER BHANDARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 12; Limitation Act Section 44
Headnote
PLYWOOD PVT. LTD. ·,I v. THE ORIENTAL INSURANCE CO. LTD. DECEMBER 5, 2006 B [S.B. SINHA AND DAL VEER BHANDARI,JJ.] · Marine Insurance Act, 1963: Section 60. Constructive total loss-Marine insurance-Policy-Exclusion clauses- C Applicability of-,-A company agreed to purchase logs was immobilized on reaching the high seas but eventually returned back to the originating port-While at the originating D port, the ship was arrested at the instance of one of the owners of the cargo and was detained there-The foreign court discharged the order of arrest and the ship eventually
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