Niyam v2 is live — start for just ₹100 — 200 credits to try

january 2016

Supreme Court of India · 2016-01-13

United India Insurance Co. Ltd vs M/S. Orient Treasures Pvt. Ltd

Citation / case number
AIR 2016 SUPREME COURT 363
Court
Supreme Court of India
Petitioner
United India Insurance Co. Ltd
Respondent
M/S. Orient Treasures Pvt. Ltd
Author
Abhay Manohar Sapre
Bench
Abhay Manohar Sapre, J. Chelameswar

Judgment text excerpt

The Supreme Court upheld the order of the National Consumer Disputes Redressal Commission under Section 23 of the Consumer Protection Act, 1986, directing the insurance company to pay Rs.36,10,211 with interest for the loss incurred due to burglary. The Court found that the insurance policy covered the respondent's claim despite the insurer's argument regarding the display of jewellery, establishing that the terms of the policy were met. The Court affirmed the consumer's right to compensation under the Act, emphasizing the importance of fair treatment in insurance claims.

United India Insurance Co. Ltd vs M/S. Orient Treasures Pvt. Ltd · Niyam