HARIS MARINE PRODUCTS vs EXPORT CREDIT GUARANTEE CORPORATION (ECGC) LIMITED

The Supreme Court examined the validity of the NCDRC's reliance on DGFT Guidelines to interpret the date of 'despatch/shipment' in a credit risk insurance policy. The court found that the NCDRC's interpretation was not justified, as it adversely affected the appellant's claim for insurance coverage. Consequently, the court ruled in favor of the appellant, allowing the appeal and directing the ECGC to honor the claim.