National Insurance Co. Ltd vs Harjeet Rice Mills

The Supreme Court addressed the appeal by National Insurance Company regarding a claim under the Jammu & Kashmir Consumer Protection Act. The Court upheld the State Commission's decision to award Rs. 8,96,500/- with interest at 18% per annum, rejecting the appellant's argument about lack of jurisdiction due to the claim exceeding Rs. 10 lakhs, noting that the claim for interest does not affect jurisdiction. The Court emphasized the importance of the amendment to the Act which expanded the Commission's jurisdiction, thus affirming the lower court's ruling and dismissing the appeal.