Supreme Court of India

Haris Marine Products v. Export Credit Guarantee Corporation (ecgc) Limited

Neutral citation
Bench Uday Umesh Lalit, S. Ravindra Bhat and Pamidighantam Sri Narasimha JJ.
Decided 25 April 2022

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.

From the headnote

Insurance – Respondent-ECGC provides a range of credit risk insurance cover to exporters – Appellant-exporter paid premium to ECGC for the Single Buyer Exposure Policy which covered foreign buyer’s failure to pay for goods exported – Coverage of the Policy was w.e.f 14.12.2012-13.12.2013 – The vessel set sail on 15.12.2012 – The Bill of Lading was prepared with a line specifying the date of ‘onboard’ (i.e., date on which vessel commenced loading the goods in question on board) as 13.12.2012 – The overseas buyer defaulted on payment – Appellant’s claim rejected by ECGC – Filed complaint before…

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