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Case Name : Arabian Exports Private Limited Vs National Insurance Company Ltd. (Supreme Court of India)
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Arabian Exports Private Limited Vs National Insurance Company Ltd. (Supreme Court of India) This Supreme Court judgment addresses whether a dispute raised by an insured after signing a full and final discharge voucher can be referred to arbitration. The case involves Arabian Exports Private Limited, which suffered significant losses due to heavy rainfall and flooding at its meat processing plant, covered by two insurance policies from National Insurance Company Ltd. After a considerable delay in settling the claims, the insured accepted a significantly lower amount than claimed, signing an und...
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