United India Insurance Co. Ltd vs M/S. Hyundai Engineering And ...
Case Significance
United India Insurance Co. Ltd vs M/S. Hyundai Engineering And ... is a Supreme Court of India decision dated May 16, 2024 (citation: insc-2024-431). United India Insurance challenged an NCDRC order directing it to pay Rs. 39.09 crore under a Contractor's All Risk Insurance Policy for damages during construction of a cable-stayed bridge across the river Chambal on NH-76 at Kota, Rajasthan. The Supreme Court found that the NCDRC fell into clear errors of law and fact, including reliance on expert reports of limited scope while ignoring the surveyor's detailed site-visit findings. The appeal was allowed and the NCDRC order was set aside. The bench comprised Justices Aravind Kumar and Pamidighantam Sri Narasimha. The judgment was delivered by Justice Pamidighantam Sri Narasimha.
Summary
United India Insurance challenged an NCDRC order directing it to pay Rs. 39.09 crore under a Contractor's All Risk Insurance Policy for damages during construction of a cable-stayed bridge across the river Chambal on NH-76 at Kota, Rajasthan. The Supreme Court found that the NCDRC fell into clear errors of law and fact, including reliance on expert reports of limited scope while ignoring the surveyor's detailed site-visit findings. The appeal was allowed and the NCDRC order was set aside.
What was the outcome of United India Insurance Co. Ltd vs M/S. Hyundai Engineering And ...?
United India Insurance challenged an NCDRC order directing it to pay Rs. 39.09 crore under a Contractor's All Risk Insurance Policy for damages during construction of a cable-stayed bridge across the ...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-431)