In the case of Narsingh Ispat Ltd. v. Oriental Insurance Company Ltd. & Anr., the Supreme Court of India ruled that the insurance company cannot repudiate the policy for damage caused during riots or violent means. The court directed the respondent to deposit the amount of approximately Rs.89,00,000 with the Commission and ordered the Commission to hear the complaint filed by the appellant afresh and make an appropriate final order within four months. The appellant was also granted the liberty to file an application for withdrawal of the deposited amount. The appeal was allowed with no order as to costs.
[2022] 3 S.C.R. 151 151
151
NARSINGH ISPAT LTD.
v.
ORIENTAL INSURANCE COMPANY LTD. & ANR.
(Civil Appeal No. 10671 of 2016)
MAY 02, 2022