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Supreme Court of India

IFFCO TOKIO GENERAL INSURANCE COMPANY LTD vs M/S NEW INDIA DETERGENTS LTD on 6 May, 2022

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2022 INSC 525C.A. No.-003473 - 2022Official PDFAuthor HON'BLE THE CHIEF JUSTICEBench Shripathi Ravindra Bhat, Pamidighantam Sri Narasimha, Sarasa Venkatanarayana BhattiAdvocates GOPAL SINGH
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO.3473 OF 2022
IFFCO-TOKIO GENERAL INSURANCE COMPANY LTD. Appellant
VERSUS
M/s NEW INDIA DETERGENTS LTD. & ANR. Respondents
O R D E R

The instant statutory appeal is directed against

the judgment and order dated 14.02.2022 passed by the

National Consumer Disputes Redressal Commission, New

Delhi (“the Commission” for short) in Consumer

Complaint No.2042 of 2016.

Accepting the claim raised by the complainant, the

Commission directed the appellant to pay to the

complainant a sum of Rs.80,18,944/- towards storage

SignaturechargesNot Verified within eight weeks from the date of order Mukesh Nasa

was directed to pay interest on that amount @ 9% per

annum.

Mr. Shivam Singh, learned Advocate appearing for

the appellant has invited our attention to Clause 6.1

of the concerned Insurance Policy to submit that there

was a total ‘Exclusion’ and the insurance company would

not be liable.

With his able assistance, we have gone through the

entire record.

We affirm the view taken by the Commission that

the matter would not be covered by the ‘Exclusion

Clause” in terms of Clause 6.1 of the Policy. In the

circumstances, the order passed by the Commission does

not call for any interference.

Since the matter is devoid of any merit, even

though it is a statutory appeal, we see no reason to

entertain the appeal. The appeal is, accordingly,

dismissed.

The time granted by the Commission is however

extended by a further period of six weeks and the

interest shall become payable if the amount is not paid

within six weeks from today.

(PAMIDIGHANTAM SRI NARASIMHA) New Delhi, May 06, 2022