Supreme Court of India
M/s Texco Marketing Pvt. Ltd. v. Tata Aig General Insurance Company 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.
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
Authorities it was built on
- 2021 Ireo Grace Realtech Pvt. Ltd. v. Abhishek Khanna & Others
- 2000 M/s. Modern Insulators Ltd. v. The Oriental Insurance Co. Ltd.
- 2006 Beed District Central Co-operative Bank Ltd. v. State of Maharashtra and Ors.
- 1996 The United India Insurance Co. Ltd. v. M/s M.K.J. Corporation
- 2019 Bharat Watch Company through its Partner v. National Insurance Co. Ltd. through its Regional Manager
Where later benches applied it
- 2024 Hongkong and Shanghai Banking Corp. Ltd. v. Awaz & Ors.
- 2024 United India Insurance Co. Ltd. v. M/s Hyundai Engineering & Construction Co. Ltd. & Ors.
- 2024 Rajesh Monga v. Housing Development Finance Corporation Limited & Ors.
Of those, 3 referred to
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