Supreme Court of India

Deokar Exports Pvt. Ltd. v. New India Assurance Company Ltd.

Neutral citation
Reported as [2008] 14 S.C.R. 1
Bench R.V. Raveendran and Lokeshwar Singh Panta JJ.
Decided 23 September 2008

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

Insurance Act, 1938: S. 64 VB - Insurance contract - Effective date - Held.: c Insurer cannot assume risk unless and until premium is re- · ' ceived/guaranteedldeposited - policy can assume the risk from a retrospective date provided such date is not earlier than the date on which premium was paid in cash or by cheque to insurer - On facts, initial insurance policy expired on 12.3.1988 - Prf?mium amount for one year received by in­ surer only on 26. 8. 1988 - Under the terms of finance between the borrower and lender-MSFC, uninterrupted and continuous insurance cover was necessary during the

Where later benches applied it

Of those, 2 referred to

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