Supreme Court of India · 2020-01-28
THE ORIENTAL INSURANCE CO.LTD. vs M/S J.K.CEMENT WORKS
- Citation / case number
- SC 2009/10414
- Court
- Supreme Court of India
- Petitioner
- THE ORIENTAL INSURANCE CO.LTD.
- Respondent
- M/S J.K.CEMENT WORKS
- Author
- HON'BLE MR. JUSTICE MOHAN M. SHANTANAGOUDAR
- Bench
- HON'BLE MR. JUSTICE R. SUBHASH REDDY HON'BLE MR. JUSTICE MOHAN M. SHANTANAGOUDAR
Judgment text excerpt
The Supreme Court upheld the decision of the National Consumer Disputes Redressal Commission, which directed Oriental Insurance Company to pay Rs. 58,89,400 to J.K. Cement Works for damages incurred due to heavy rains. The court found that the insurance policy covered the damages caused by natural calamities, and the insurer's liability was established based on the surveyor's report. The judgment reinforces the principle that insurance companies must honor their contractual obligations in the event of covered losses.