Online edition of India's National Newspaper
Wednesday, Oct 04, 2006
ePaper
Google



Front Page

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary |

Citi Bank


Front Page Printer Friendly Page   Send this Article to a Friend

Insurer directed to settle full claim

Legal Correspondent

Textile shop was looted after the 1998 Coimbatore blasts


  • Stock, valuables insured for Rs.2 crore
  • Insurance firm paid only Rs. 1,02,16,173

    New Delhi : The Supreme Court has directed the New India Assurance Co. Ltd to pay Rs. 97.83 lakh with 9 per cent interest per annum to M/s Shobika Attire, whose textile shop was looted after the 1998 Coimbatore bomb blasts.

    The shop had insured the stock and other valuables for Rs. 2 crore.

    The insurance company made a payment of Rs. 1,02,16,173.

    The National Consumer Disputes Redressal Commission rejected the claim for the balance amount. The present appeal was directed against that order.

    Allowing the appeal, a Bench comprising Justices A.R. Lakshmanan and Altamas Kabir said it was evident that in the wake of a series of bomb blasts in Coimbatore on February 14, 1998, there was widespread unrest in the city coupled with mob frenzy, arson and looting.

    The Bench said, "Although, an attempt has been made on behalf of the investigating agency to clinically examine the manner in which the incident involving the appellant's firm had occurred, it is doubtful whether the incident, which occurred at the showroom of the appellant on February 14, 1998, can be explained with such clinical precision as to when exactly the sales persons in the two basement levels escaped from the showroom through the elevated ground floor or when the police and fire fighting personnel arrived at the site and when exactly the riotous mob took over the showroom."

    Mr. Justice Kabir, writing the judgment, said, "The statements of the sales persons clearly indicate that when they were fleeing the showroom they saw the mob trying to break through the plate-glass doors and windows leading to the first level of the two basements."

    Printer friendly page  
    Send this article to Friends by E-Mail



    Front Page

    News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
    Advts:
    Classifieds | Jobs | Obituary | Updates: Breaking News |

  • Yougworld Quiz 2006


    News Update


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

    Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu