Supreme Court of India
Jsk Industries Pvt. Ltd v. Oriental Insurance Company Limited
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.
What the Court ordered
We are of the considered opinion that the law, as laid down in Galada [Galada Power & Telecommunicati on Ltd. v.
Judgment, page 8
From the headnote
Insurance: Insurance Claim – Repudiation of – Appel lants took insurance coverage – However, insurance company rep udiated their claim on the ground that there was no suffici ent balance to cover the declaration and/or loss – State Commissio n as also National Commission rejected the claim – Held: Insurance company took a defense which did not form the basis of repud iation of the claim – National Commission ought not to have gone b eyond the grounds of repudiation and into the nature of cover age, which according to the National Commission had effectively changed f rom “anywhere in India to
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