Saurashtra Chemicals Ltd.(Presently ... vs National Insurance Co. Ltd.

The Supreme Court held that the repudiation of the insurance claim by the National Insurance Company Ltd. was unjustified as the policy covered losses due to spontaneous combustion, regardless of whether it resulted in fire. The Court emphasized that the insurer's reliance on policy conditions regarding the closure of the factory and delay in claim intimation was not valid, as these grounds were previously rejected by the NCDRC. The Court upheld the NCDRC's decision, directing the insurer to pay the claimed amount along with interest and compensation for deficient service under the Consumer Protection Act, 1986.