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INDIA: KANAN KNITWEAR VS TATA AIG GENERAL INSURANCE CO.LTD. JUDGEMENT: Repudiation of claim due to non-disclosure of facts
“From the foregoing, it is manifest that the claim of the appellant under the policy which had been repudiated on the grounds that the premises were not in the insured’s control and was therefore, void. Admittedly, the landlord placed his ...
INDIA: NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION: CANARA BANK VS. M/S. SHREE SHAKTI FOAM: JUDGEMENT: Bank Cannot Be Held Liable For Lapse In Coverage Unless Explicitly Agreed
“In this case, it is clear that as per Cash Credit Agreement, the primary responsibility of getting the insurance done was of the complainant company. The bank could, but was not bound, to take out the same on behalf of ...
