Case Law Details
Case Name : JSK Industries Pvt. Ltd. Vs Oriental Insurance Company Limited (Supreme Court of India)
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Courts :
Supreme Court of India
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JSK Industries Pvt. Ltd. Vs Oriental Insurance Company Limited (Supreme Court of India)
Conclusion: Hon’ble Supreme Court observed that National Commission ought not to have gone beyond the grounds of repudiation of the claim and the matter was remanded to the State Commission for taking a decision afresh on the claim of the appellants on the grounds which formed the basis of repudiation and determine as to whether at the material point of time there was sufficient balance to cover the claim on account of declaration made as regards loss suffered by the appellants.
Facts: The repudiation...
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