Bombay High Court Allows Suit for Insurance Claim in Fire Policy Dispute - Insurer Liable for Loss of Hypothecated Goods Despite Alleged Breach of Condition. The court held that the insurer failed to prove that the machinery breakdown condition was breached or that it caused the fire, and the plaintiffs had insurable interest in the goods.
10 Apr 2006The plaintiffs, M/s T.T. Blades (a partnership firm manufacturing razor blades) and a bank (plaintiff no.2), filed a suit for recovery of Rs.4,44,155 ...




