Supreme Court of India

M/s Texco Marketing Pvt. Ltd. v. Tata Aig General Insurance Company Ltd. & Ors.

Neutral citation
Reported as [2022] 9 S.C.R. 1031
Bench Surya Kant and M. M. Sundresh JJ.
Decided 9 November 2022

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 are of the view that no case for awarding amount under that head has been made out as the respondents merely took a legal stand.

Judgment, page 32

From the headnote

Consumer Protection Act, 1986 – ss. 2(1)(g), 2(1)(r), 3 & 14 – Consumer Protection Regulations, 2005 – Consumer Pr otection Act, 2019 – ss. 2(46), 2(47), 47, 49 & 59 – Insuranc e Regulatory and Development Authority (Protection of Policy Holders Inter ests) Regulations, 2002 – Insurance Claim – Repudiation of – Exclu sion Clause – Appellant secured a Standard Fire and Special Perils policy from the respondent on 28.07.2012 – Policy was effe ctive from 28.07.2012 to 27.07.2013 and it was meant to cover a shop situated in the basement of the building – However, the exclusion cl ause of the

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