Supreme Court · 2002 INSC 13 · Decided 9 January 2002

National Insurance CO. LTD. v. SKY Gems

Court
Supreme Court of India
Citation
2002 INSC 13 · [2002] 1 S.C.R. 118
Case number
CIVIL APPEAL No. 559/1994
Decided
9 January 2002
Bench
D.P. MOHAPATRA, K.G. BALAKRISHNAN (2-judge bench)
Outcome
Disposed off
Case type
Civil

Headnote

INSURANCE CO. LTD. v. SKY GEMS JANUARY 9,'2002 B [D.P. MOHAPATRA AND K.G. BALAKRJSHNAN, JJ.) Insurance Claim Mode of payment-CIF contract-Consignor exported precious stones- C Insurance cover procured-Insured value of consignments in terms of Pounds Sterling-But the premium paid in Indian passed to the consignee as he could not produce any D document of title-Therefore, consignor is not entitled to receive payment in Pounds sterling. Respondent-consignor exported parcels of precious stones to the consignee in London. He obtained insurance policies from the appellant­ insurance

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