Supreme Court of India
The Oriental Insurance Co. Ltd. & Anr. v. Dicitex Furnishing 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.
3 Supreme Court benches have cited this judgment.
What the Court ordered
We hold that upon execution of the letter of subrogation, there was full and final settlement of the claim.
Judgment, page 20
From the headnote
Arbitration and Conciliation Act, 1996 – s.11(6) – Application under, for appointment of arbitrator – Court’s jurisdiction to examine the arbitrability of the dispute in the context of no objection certificates/discharge vouchers given by the insured t o the insurer in discharge of the claim – Economic duress or coercion, if e xists – In 2011, the respondent-insured obtained Standard Fire and Sp ecial Peril Policy from the appellant to cover the stocks of goods lying in its three separate godowns– Total sum insured was @ ` 13 crores– On 25.05.12, fire broke out destroying the stock in the
Authorities it was built on
- 2008 National Insurance Co. Ltd. v. M/s. Boghara Polyfab Pvt. Ltd.
- 2011 Union of India & Ors. v. M/s. Master Construction Co.
- 2014 New India Assurance Company Ltd. v. Genus Power Infrastructure Ltd.
- 2008 M/s. Associated Construction v. Pawanhans Helicopters Pvt Ltd
- 2018 Ongc Mangalore Petrochemicals Ltd. v. M/s Ans Constructions Ltd. & Anr.
- 2016 Velugubanti Hari Babu v. Parvathini Narasimha Rao & Anr.
Where later benches applied it
- 2025 Arabian Exports Private Limited v. National Insurance Company Ltd.
- 2024 Sbi General Insurance Co. Ltd. v. Krish Spinning
- 2023 Ntpc Ltd. v. M/s Spml Infra Ltd
Of those, 3 referred to
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