Oriental Insurance Company Ltd. vs National Bulk Handling Corporation ...

The Supreme Court upheld the order of the National Consumer Disputes Redressal Commission directing Oriental Insurance Company to pay Rs. 3,46,87,113 to National Bulk Handling Corporation under the insurance policy. The court emphasized the obligation of the insurer to fulfill its contractual duties and the importance of timely payment of claims. The appeal was dismissed, affirming the consumer's right to compensation under the Consumer Protection Act, 1986.