https://www.taxtmi.com/caselaws?id=128967 An insurance policy clause that extinguishes the insured's right unless a claim is asserted within the stipulated period is enforceable, because it operates as a forfeiture provision rather than a mere curtailment of limitation under section 28 of the Contract Act; clause 19 was therefore valid. The strike and riot endorsement also did not cover the claimed loss, because special condition 5(i)(b) excluded damage arising from total or partial cessation of work, interruption, or stoppage of any process or operation. The strike-induced stoppage and obstruction of movement of goods brought the claim within that exclusion, so the loss was not recoverable under the policy. en-us Fri, 21 Mar 1997 00:00:00 +0530 Sat, 04 May 2019 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128967 An insurance policy clause that extinguishes the insured's right unless a claim is asserted within the stipulated period is enforceable, because it operates as a forfeiture provision rather than a mere curtailment of limitation under section 28 of the Contract Act; clause 19 was therefore valid. The strike and riot endorsement also did not cover the claimed loss, because special condition 5(i)(b) excluded damage arising from total or partial cessation of work, interruption, or stoppage of any process or operation. The strike-induced stoppage and obstruction of movement of goods brought the claim within that exclusion, so the loss was not recoverable under the policy. Case-Laws Indian Laws Fri, 21 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128967