Consumer Protection Act, 1986, Section 2(d) -- Consumer - Insurance claim - Tripartite agreement entered into between Bank, cold store and farmers - Stock of farmers were hypothecated as security with bank - Farmers insured their stock as bank had insisted the same - Insurance policy is taken at the cost of second party which is farmer and the same is beneficiary under..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Accidental fire - Destruction of agriculture produce stored in cold store - Liability of insurance company - Plea of exclusion clause in policy - Tripartite agreement Between bank, cold store and farmers - Goods were kept in cold store on payment of rent by farmers - Goods were neither held in trust per se nor..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Accidental fire - Destruction of agriculture produce stored in cold store - Liability of insurance company - Non-disclosure of material particulars - Stock in trade was covered for a sum of Rs.30 Crores and premium was charged accordingly - In case insurance company has chosen not to verify the stock it cannot..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Accidental fire - Destruction of agriculture produce stored in cold store - Liability of insurance company - Insurance company contended that some of agreements are not genuine - However, as long as parties to agreement i.e bank, cold store and farmers are not disputing correctness of agreement, there is no..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Accidental fire - Destruction of agriculture produce stored in cold store - Liability of insurance company - Tripartite agreement entered into between Bank, cold store and farmers - Deficiency in service on part of Bank - Some of names of farmers not mentioned in policy and tripartite agreement was not handed..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Accidental fire - Destruction of agriculture produce stored in cold store - Liability of insurance company - Fire in cold store due to short circuit - Liability of insurance company is proved - Since farmers are beneficiaries, they are entitled to get amount payable under policy - Value of goods as reflected in..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Non-communication of terms and conditions of insurance policy to insured - Not open to insurer to rely upon exclusionary clause of policy...........
Consumer Protection Act, 1986, Section 23 -- Insurance claim - Accident policy for account holders of Bank - Deficiency in service on part of Bank in failing to forward application form to insurer and in deducting insurance premium on time - Had bank not deficient in performing of its services, deceased would have been entitled to an insurance cover in same terms as was..........
Motor Vehicles Act, 1988, Section 173, Bihar Motor Vehicles Rules, 1992, Rule 249, Civil Procedure Code, 1908, Order 41, Rule 22 -- Award passed by Motor Vehicles Tribunal - Appeal by Insurance company - Cross-objections by claimants - Entire award awarded by Tribunal was challenged by Insurance Company - Claimants were also impleaded as party respondents to said appeal -..........
Consumer Protection Act, 1986, Section 12 -- Insurance claim - Loss of coal due to heavy rain - Damage caused by heavy rainfall would not fall beyond `flood and inundation' clause of Standard Fire and Special Peril insurance policies - Claim of respondent thus, fall within scope of policy...........
