Supreme Court Allows Appeal in Insurance Claim Dispute Over Fire Loss — Repudiation for Overvaluation and Lack of Licence Set Aside. The court held that while suppression of material fact regarding licence justified repudiation, overvaluation without fraud did not, and directed payment of claim as per second surveyor's assessment.
14 Feb 2020The appellant, M/s Baspa Organics Limited, purchased a factory from Maharashtra State Financial Corporation for Rs. 4 crores and commenced production ...
