A.P. STATE CONSUMER DISPUTES REDRESSAL COMMISSION
ATHYDERABAD.
F.A. 361/2006 against C.D. 160/2004 , Dist. Forum,Kadapa
Between:
1. The Authorized Signatory
The New India Assurance Company Ltd.
Regional office, 5thSuryaTowers
S.D. Road, Secunderabad.
2. The Divisional Manager
The New India Assurance Company Ltd.
Divisional Office, Near Apsara Theatre
Kadapa.
3. The Branch Manager
The New India Assurance Company Ltd.
Gandhi Road, Proddatur
Kadapa. S. Bhaskar
S/o. Eswaraiah
Proprietor, Bhaskar Provision &
General Stores, New Vegetable Market
Koneti Kalva Street, Prodattur
Kadapa District.
Counsel for the Appellants:
Counsel for the Respondent:
QUORUM:
MONDAY, THIS THE TENTH
Oral Order: (Per Hon’ble Justice D. Appa Rao, President)
Bhaskar General Stores, Shop No.1, New Vegetable Market at Proddatur. resulting loss of stock worth Rs. 3 lakhs. Rs. 2.50,000/- with interest @ 12% p.a., together with compensation of Rs. 50,000/- and costs.
the date of accident was shown as 11.03.2003.
Market. on 9.3.2003 itself.
(Operation) East, APSPDCL, Prodattur visited the shop of the complainant
In fact, the very appellant insurance company has appointed an investigator. he assessed the loss at Rs. 50,000/- after deducting some salvage value.
Curiously the insurance company alleges that a municipal dispute
It is unfortunate that the insurance companies are also taking unholy pleas
without any basis. By creating
persons the insurance company should not deny
In the result the appeal is dismissed with costs computed at Rs. 5,000/-.
PRESIDENT