United India Insurance Co. Ltd vs M/S. Great Eastern Shipping Co. Ltd

The Supreme Court upheld the National Consumer Disputes Redressal Commission's order directing the Insurance Company to pay Rs. 4,94,22,000/- with interest, ruling that the insurance policy covered the goods until delivery to the consignees, as per the Institute Cargo Clause. The Court found that the Insurance Company's repudiation of the claim, based on the argument that the goods were stored outside the ordinary course of transit, was not valid since the policy had been extended to cover such risks. The Court emphasized that the insurance coverage remained effective until the goods were delivered to the final destination, thus affirming the Commission's decision.