Supreme Court of India
Sikka Papers Ltd. v. National Insurance Co. Ltd. & Ors.
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.
3 Supreme Court benches have cited this judgment.
From the headnote
Consumer Protection Act, 1986 c Compensation - Machinery Insurance Policy - Reimbursement on breaking down of. machinery - On surveyor's report some parts advised to be replaced - Many , other parts also got replaced - Held: The parts which had suffered due to wear and tear, although replaced, could not form part of claim for reimbursement under the terms of policy - In case of under - insurance, the insurer is entitled to pay . only in such proportion as the sum insured bears to the amount insured - The pro-rata formula and the amount deducted from the sum payable on account of under
Authorities it was built on
Where later benches applied it
- 2022 United India Insurance Co. Ltd v. Levis Strauss (india) Pvt. Ltd
- 2022 M/s Shivram Chandra Jagarnath Cold Storage & Anr. v. New India Assurance Company Limited & Ors.
- 2021 Khatema Fibres Ltd. v. New India Assurance Company Ltd. & Anr
Of those, 1 relied on · 2 referred to
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