Muralidhar Sarangi vs The New India Assurance Co. Ltd

The Supreme Court held that the loss of the appellant's trucks due to terrorist action was not covered under the insurance policies, as per the terms outlined in the policies. The Court emphasized that the malicious act of the Bodo terrorists did not fall within the definition of insurable risks as per the Insurance Act. The appeal was dismissed, affirming the National Consumer Disputes Redressal Commission's ruling that the insurer was not liable for the damages claimed by the appellant.