16 Mar 2005
UNITED INDIA INSURANCE CO LTD v. THE NEW INDIA ASSURANCE CO LTD AND ANOTHER
- Citation
- UNITED INDIA INSURANCE CO LTD v. THE NEW INDIA ASSURANCE CO LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCCT2/2005
The Arbitrator was not obviously or seriously wrong: his construction of the slip phrase was proper having regard to the words and market practice; that construction supported rectification of condition 8; the findings that Hyundai did not affirm or abandon its rights were factual and not open to appellate re-litigation; and condition 10 was properly construed as not encompassing a claim for premium refund, therefore leave to appeal was refused.