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    <title>2023 (12) TMI 430 - Supreme Court</title>
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    <description>The insured warehouse at Survey No. 9/3 was treated as covered under the fire policy because the policy records, licence arrangements and related communications consistently identified that premises. Repudiation for alleged insured negligence failed because public and independent reports supported an electrical short circuit, the insurer&#039;s forensic material was inconclusive, and the rooftop repair work was not shown to increase risk materially. The insurer was also held bound by the grounds in its repudiation letter and could not add new objections later. The customs duty component on destroyed bonded goods was accepted for direct payment to customs authorities, and the claim denial was found wrongful.</description>
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    <pubDate>Fri, 24 Nov 2023 00:00:00 +0530</pubDate>
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      <title>2023 (12) TMI 430 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=446746</link>
      <description>The insured warehouse at Survey No. 9/3 was treated as covered under the fire policy because the policy records, licence arrangements and related communications consistently identified that premises. Repudiation for alleged insured negligence failed because public and independent reports supported an electrical short circuit, the insurer&#039;s forensic material was inconclusive, and the rooftop repair work was not shown to increase risk materially. The insurer was also held bound by the grounds in its repudiation letter and could not add new objections later. The customs duty component on destroyed bonded goods was accepted for direct payment to customs authorities, and the claim denial was found wrongful.</description>
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      <pubDate>Fri, 24 Nov 2023 00:00:00 +0530</pubDate>
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