National Insurance Co. Ltd vs Nitin Khandelwal

The Supreme Court upheld the decision of the National Consumer Disputes Redressal Commission, affirming that the insurance claim was rightly settled on a non-standard basis due to the violation of policy terms regarding the vehicle's use. The Court noted that the vehicle, insured for personal use, was being used as a taxi at the time of theft, justifying the reduction of the claim to 75% of the insured amount as per the precedent set in United India Insurance Co. Ltd. v. Gian Singh. The appeal by the insurance company was dismissed, and the order to pay Rs.4,83,000 with interest was upheld.