Supreme Court of India
Jsk Industries Pvt. Ltd v. Oriental Insurance Company Limited
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the considered opinion that the law, as laid down in Galada [Galada Power & Telecommunication Ltd. v.
Judgment, page 8
From the headnote
Insurance: Insurance Claim – Repudiation of – Appellants took insurance coverage – However, insurance company repudiated their claim on the ground that there was no sufficient balance to cover the declaration and/or loss – State Commission as also National Commission rejected the claim – Held: Insurance company took a defense which did not form the basis of repudiation of the claim – National Commission ought not to have gone beyond the grounds of repudiation and into the nature of coverage, which according to the National Commission had effectively changed from “anywhere in India to anywhere…
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