24 Oct 2001
MIRUVOR LTD. v. NATIONAL INSURANCE CO. LTD.
- Citation
- MIRUVOR LTD. v. NATIONAL INSURANCE CO. LTD.
- Court
- Court of First Instance
- Case number
- HCCL160/1996
The court held that cover had not terminated under Clause 8.1.2 because storage in the designated bonded warehouses pending D/P payment was part of the ordinary course of transit and there was no election by the assured to store otherwise; the defendant failed to prove material non-disclosure as at issuance of Policy No.7; Clause 16.1 defence failed in respect of three of four challenged shipments because the assured did not have sufficient knowledge or time to take effective steps, but for Policy No.7 the assured failed to take reasonable steps and recovery under that single policy was disal…