Supreme Court of India
M/s. Peacock Plywood Pvt. Ltd. v. The Oriental Insurance Co. Ltd.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
2 Supreme Court benches have cited this judgment.
From the headnote
Marine Insurance Act, 1963: Section 60. Constructive total loss-Marine insurance-Policy-Exclusion clauses- Applicability of-,- company agreed to purchase logs from a foreign firm and the said logs were loaded on a vessel-The logs were insured by the company with an insurance company against the peril ans/or risk of non-delivery of the said goods-However, the ship was immobilized on reaching the high seas but eventually returned back to the originating port-While at the originating port, the ship was arrested at the instance of one of the owners of the cargo and was detained there-The foreign
Authorities it was built on
Where later benches applied it
- 2022 United India Insurance Co. Ltd v. Levis Strauss (india) Pvt. Ltd
- 2022 Haris Marine Products v. Export Credit Guarantee Corporation (ecgc) Limited
Of those, 2 relied on
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