Non-Disclosure & Misrepresentation Justify Claim Repudiation: NCDRC

Nancy Overseas Vs Export Credit Guarantee Corporation of India Ltd & Anr (NCDRC Delhi) Non-Disclosure & Misrepresentation are Valid Grounds For Repudiation of Claim: NCDRC Summary: The National Consumer Disputes Redressal Commission (NCDRC) has dismissed an appeal by Nancy Overseas, upholding the decision of the State Commission that the Export Credit Guarantee Corporation of India Ltd. (ECGC) was justified in rejecting an insurance claim. The case involved a comprehensive risks policy for an export shipment to Italy. The NCDRC’s decision was based on several key findings that ...