GURSHINDER SINGH vs SRIRAM GENERAL INSURANCE CO. LTD.

The Supreme Court addressed the conflict between two prior judgments regarding the timely notification of theft to insurance companies under the Standard Form for Commercial Vehicles Package Policy. The Court held that a delay in informing the insurance company does not automatically disentitle the claimant from receiving the insurance claim, emphasizing that the FIR was lodged immediately after the theft. The matter was referred to a three-Judge Bench for resolution, as the previous decisions in Om Prakash vs. Reliance General Insurance and Oriental Insurance Co. Ltd. vs. Parvesh Chander Chadha presented conflicting views on this issue.