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Supreme Court of India 2022-05-06 dismissed

Iffco-Tokio General Insurance Company Ltd vs New India Detergents Ltd. & Anr

Bench: 3 — <UNKNOWN>

In Brief

Iffco-Tokio General Insurance appealed a National Consumer Disputes Redressal Commission order directing it to pay Rs.80,18,944 in storage charges to New India Detergents. The insurer contended the claim was barred by an exclusion clause in the policy. The Supreme Court affirmed the Commission's finding that the exclusion clause did not apply to the storage charges claim. The Court dismissed the appeal as devoid of merit, extended the payment timeline by six weeks, and made interest payable if the amount remained unpaid.

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