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Supreme Court of India

Haris Marine Products v. Export Credit Guarantee Corporation (ecgc) Limited

Neutral citation
Reported as [2022] 17 S.C.R. 297
Bench Uday Umesh Lalit, S. Ra Vindra Bhat and Pamidighantam Sri Narasimha JJ.
Decided 25 April 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.

From the headnote

Insurance – Respondent-ECGC provides a range of cre dit risk insurance cover to exporters – Appellant-exporter pa id premium to ECGC for the Single Buyer Exposure Policy which covered foreign buyer’s failure to pay for goods exported – Coverage of the Policy was w.e.f 14.12.2012-13.12.2013 – The ve ssel set sail on 15.12.2012 – The Bill of Lading was prepared wit h a line specifying the date of ‘onboard’ (i.e., date on whi ch vessel commenced loading the goods in question on board) as 13.12.2012 – The overseas buyer defaulted on payment – Appella nt’s claim rejected by ECGC – Filed complaint

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