STATE CONSUMER DISPUTES REDRESSAL COMMISSION, UP
C-1 Vikrant Khand 1 (Near Shaheed Path), Gomti Nagar Lucknow-226010 Complaint Case No. C/2005/12
( Date of Filing : 21 Mar 2005 )
1. Bestochem Formulations Ltd A ...........Complainant(s) Versus
1. Iffco Tokio L I C A ............Opp.Party(s)
BEFORE:
HON'BLE MR. Chandra Bhal Srivastava PRESIDING MEMBER HON'BLE MR. Jugul Kishor MEMBER
For the Complainant:
For the Opp. Party:
Dated : 15 Jan 2016
Final Order / Judgement
, 00,
-12/2005
M/s Bestochem Formulation (I) Ltd, 2, Mohkampur, Industrial Complex, Phase-1st, Delhi Road, Meerut Thought its Director Shri Vijay Prakash Son of Shri Gaj Raj Singh, Resident of C-1, Prabhat Nagar, Meerut.
1. Iffco Tokio General Insurance Company Ltd (a Joint Venture of Indian Farmers Fertilizer Corporation Ltd. and Tokio Marina Insurance Company Limited) Corporate Office at 4th and 5th Floor, Iffco Tower, Plot Not. 2, Sector-29, Gurgaon, Haryana.
2. Iffco Tokio General Insurance Company Ltd, Branch Offict at Kribhco Bhawan, Situated at A-10, Sector-I, Noida, Gautambudh Nagar, U.P.
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M/s Bestochem Formulation (I) Ltd. 1956 0-000588 14.11.2003 -2 / , 14.11.2003 13.11.2004 , 0 1,06,920/- 0-586 14.11.2003 -1 ,
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BFIL/ADMN/2004 Mr. Sanjay Seth M/s Iffco Tokio General Insurance Co Ltd Corporate Office
gurgaon
Sub: OUR FIRE CLAIM OF JUNE 2004 POLICY NO. 11025779 & 11025773 Dear Sirs,
This is in response to your fax dated 10th Nov. 2004 received today through Mr. Yogendra Agarwal. We are really shocked to see the contents of your fax and feel that you have cooked and bull story based on your own perceptions. As per your Point No. 1 which mentions that we have called Fire Brigade after noticing 45 minutes of fire. We wish to know either you or your Surveyor was present here at that time? The fire happened at the ground floor and at least 7 Trainees were present in the I st Floor for training and 6 office staff were also present. We would like to know on humanitarian grounds can we play with the Life of our own Field Staff ? Secondly we would also like to know that what would be the modus operandi of ours to deal such calamities in future also. Even the report submitted by the Fire Brigade seems to be a fictitious as per your allegations.
Regarding your point No.2, we are sorry to say that your Surveyor was incompetent as the Fire Brigade admits that the fire was due to Short Circuit. We feel that the Contradictory statements, as mentioned by you, may be submitted by your Surveyor because we were unable to fulfill his illegal demands.
Lastly, we wish to submit that while Insuring our Medicines, have your ever noticed the Expiry Date of Medicines and Sales of the Products. We have full faith in God and Indian Judiciary.
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Thanking You, Your Faithfully For Bestochem Formulation (I) Limited
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, 0-1 0-18 0-2 0-19 33 0 2005 (I) CPR 128 (NC), M/s Banaras Beads Ltd & Ors. Vs M/s New India Assurance Co.Ltd & Ors. :-
" Consumer Protection Act, 1986-Section 21 (a)(i) r/w sections 2(1)(o) and 2 (1) (g)- Complaint to National Commission for dificiency in insurance service-Fire insurance- Janakpuri Go down of complainant damaged by fire on 29.1.1997 when it had stocks approximately of Rs. 89 Lakshs-Claim for 69 lakh and odd-Surveyors assessing Rs. 4,80,000/- Insurance cover for 85 lakhs-Delay in submission of surveyor's Report-Unusual method of calculation followed-Surveyor's report is biased one due to complaints."
0 , , 2013 (3) CPR 99 (H.P.), Dharam Pal Verma Vs M/s Bajaj Allianz General Insurance Co.Ltd & Ans. :-
" Consumer Protection Act, 1986-Section 17-Insurance-Damage due to fire- Assessment of compensation-Entire stock supplied to complainant was coverd under various schemes and guarantees and was not of perishable nature-Surveyor was not justified in reducing value of stock with observation that most of stock had become old and obsolete-Surveyor has lost sight of fact, while making assumption that figures of sale include making assumption that figures of sale include profit of dealer/distributor, as also establishment expenses and other expenses borne by him."
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[HON'BLE MR. Chandra Bhal Srivastava]
PRESIDING MEMBER
[HON'BLE MR. Jugul Kishor]
MEMBER
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