Supreme Court · 2019 INSC 1364 · Decided 13 December 2019
Saurashtra Chemicals LTD. (Presently Known As Saurashtra Chemicals Division of Nirma LTD.) v. National Insurance CO. LTD.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 1364 · [2019] 15 S.C.R. 24
- Case number
- CIVIL APPEAL No. 2059/2015
- Decided
- 13 December 2019
- Bench
- MOHAN M. SHANTANAGOUDAR, KRISHNA MURARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Consumer Protection - Loss of stock of goods insured - Claim for - Appellant-company purchased a standard fire and special perils policy from the respondent-insurer and further paid a the risk of loss of the stock on account of spontaneous combustion - Thereafter, appellant was declared a sick unit and its factory was closed for some time - After re-opening it was noticed that some amount of stock of coal and lignite was diminished/destroyed on account of
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