Supreme Court · 2010 INSC 282 · Decided 6 May 2010
United India Insurance Company LTD. v. Kantika Colour Lab & ORS.
- Court
- Supreme Court of India
- Citation
- 2010 INSC 282 · [2010] 6 S.C.R. 204
- Case number
- CIVIL APPEAL No. 6337/2001
- Decided
- 6 May 2010
- Bench
- D.K. JAIN, T.S. THAKUR (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Insurance - Contract of insurance - For transit of imported goods (two machines) - Surveyors' Reports prove C that on the transit one machine got extensively damaged while the other was in working condition - Authorized representative of the manufacturer-company stating that the damaged machine in India - Insured claiming damage of the amount i.e. the actual cost of the o machines - National Commission held that the Insurance company and the carrier were jointly and severally liable - On appeal, held: Contracts of insurance are generally in the nature of contracts of indemnity - Except
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