Chandigarh District Commission Holds New India Assurance Co. Liable

Chandigarh District Commission Holds New India Assurance Co. Liable

The District Consumer Disputes Redressal Commission-II, U.T. Chandigarh bench comprising Mr Amrinder Singh Sidhu (President) and Mr B.M. Sharma (Member) held New India Assurance Company liable for not honouring the complete claim for the insured stock which was burned down due to a fire accident. The District Commission held that the surveyor undervalued the claim amount without giving any justifiable reasons. Brief Facts: The Complainants were engaged in the sale and purchase of…
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Source: https://www.livelaw.in/amp/consumer-cases/chandigarh-district-commission-new-india-assurance-co-surveyor-undervalued-claim-255621