2020 (2) TMI 1725

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....er : Mr. Shibashish Misra, AOR. For the Respondent : Ms. Manjeet Chawla, AOR Mr. Karri Venkata Reddy, Adv. Mr. Pankaj Seth, Adv. ORDER 1. Leave granted. 2. The appellant presented a claim to the respondent-Insurance Company on account of the loss of stock in trade comprising of raw materials including Mustard Oil Seed, Mustard Oil in tanks and its by-products, which were damaged during....

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....rises from an incident of 1999 and the orders were passed only in the year 2007, after eight years, as aforesaid, with cost of Rs.5,000/- (Rupees five thousand). In this period of eight years, the appellant was deprived of the amount. 4. The respondent-Insurance Company preferred First Appeal No.51 of 2008 before the National Consumer Disputes Redressal Commission, New Delhi (National Commissio....

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....- initially paid and the balance amount a little over Rs.8,00,000/- (Rupees eight lakhs) was paid later. The appellant was not satisfied and preferred execution proceedings before the State Commission which directed the balance interest amount to be paid in terms of order dated 30th October, 2015. However, in the revision petition filed against the same, by the impugned order dated 17th March, 201....

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....sion though, naturally, the amount released to the appellant as a condition of stay would be adjusted against the amount due. The effect of the order of the National Commission was to reiterate the order of the State Commission which had directed payment of Rs.16,00,000/- by 31st March, 2008, failing, interest @ 9% from 1st November, 1999 would be chargeable. The amount was not deposited within th....