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NCDRC: Insurance Claim Cannot Be Repudiated For Leaving Column Blank In Proposal Form, Bharti AXA Directed To Pay ₹25 Lakh With Interest

NCDRC: Insurance Claim Cannot Be Repudiated For Leaving Column Blank In Proposal Form, Bharti AXA Directed To Pay ₹25 Lakh With Interest

Pranav B Prem The National Consumer Disputes Redressal Commission (NCDRC), New Delhi Bench comprising Dr. Inder Jit Singh (Presiding Member) and Dr. Sudhir Kumar Jain (Member) has held that leaving a column blank in an insurance proposal form does not amount to furnishing a false answer, and therefore, an...

NCDRC Rules, 10% Forfeiture Of Earnest Money Reasonable In Default Of Payment Cases

NCDRC Rules, 10% Forfeiture Of Earnest Money Reasonable In Default Of Payment Cases

Pranav B Prem In a significant decision, the National Consumer Disputes Redressal Commission (NCDRC), presided over by AVM J. Rajendra (Retd.) and Justice Sudhir Kumar Jain, held that forfeiture of 10% of the earnest money in default of payment cases is a reasonable amount. The Commission dismissed a complaint of deficiency in service against Taneja Developers while re...

Persistent Oil Leakage: NCDRC Holds Royal Enfield and Dealer Responsible, Modifies State Commission Order

Persistent Oil Leakage: NCDRC Holds Royal Enfield and Dealer Responsible, Modifies State Commission Order

Pranav B Prem The National Consumer Disputes Redressal Commission (NCDRC), comprising AVM J. Rajendra (Retd.) and Justice Anoop Kumar Mendiratta, held Royal Enfield and its dealer jointly liable for deficiency in service concerning the sale of a motorcycle that suffered repeated oil leakage issues from the day of its delivery. The Commission...

Cricket Match Cancelled Due To Cyclone: NCDRC Directs United India Insurance To Pay ₹2.35 Crores To Andhra Cricket Association

Cricket Match Cancelled Due To Cyclone: NCDRC Directs United India Insurance To Pay ₹2.35 Crores To Andhra Cricket Association

Pranav B Prem The National Consumer Disputes Redressal Commission (NCDRC), in a significant ruling, held United India Insurance Co. Ltd. liable for deficiency in service and directed it to pay a sum of ₹2,35,81,470/- to the Andhra Cricket Association (ACA) over its wrongful repudiation of an insurance claim. The claim arose due to the cancellation of a One Day International (ODI) match between India an...

NCDRC Upholds Surveyor’s Report, Reduces Compensation Against New India Assurance in Fire Insurance Claim

NCDRC Upholds Surveyor’s Report, Reduces Compensation Against New India Assurance in Fire Insurance Claim

Pranav B Prem The National Consumer Disputes Redressal Commission (NCDRC), comprising Mr. Subhash Chandra and AVM J. Rajendra, held that the surveyor's report plays a vital role in insurance claim assessments and must be accorded due weightage unless proven arbitrary or unreliable. In this case, while holding New India Assurance Company liable for deficiency in service, the Commission modified the reli...

NCDRC: Share Trading Is Commercial Activity; Investor Not a ‘Consumer’ Under Consumer Protection Act

NCDRC: Share Trading Is Commercial Activity; Investor Not a ‘Consumer’ Under Consumer Protection Act

Pranav B Prem The National Consumer Disputes Redressal Commission (NCDRC), presided by AVM J. Rajendra (Retd.) and Justice Saroj Yadav, dismissed appeals filed by a share investor, reiterating that transactions involving stock trading services are commercial in nature and fall outside the ambit of the Consumer Protection Act, 1986. The Commission upheld the findings of...

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