Supreme Court of India
National Insurance Company Ltd. v. Vedic Resorts and Hotels Pvt. Ltd.
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1 Supreme Court bench has cited this judgment.
From the headnote
Insurance – Repudiation of claim under exclusionary clause in a policy – Respondent-complainant running a resort obtained two insurance policies in respect of buildings of the Resort with plant and machine accessories and furniture etc. – As per respondent, a mob of about 200-250 persons entered the resort and damaged the property – Surveyor assessed the loss to the tune of Rs.202.216 lakhs – Appellant-insurance company had repudiated the claim of the respondent on the ground that the loss caused to the respondent was an outcome of the malicious act/acts on the part of the respondent…
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