VIKRAM GREENTECH (I) LTD. & ANR. versus NEW INDIA ASSURANCE CO. LTD.

VIKRAM GREENTECH (I) LTD. & ANR. versus NEW INDIA ASSURANCE CO. LTD.

Insurance policy covers only poly-houses that existed at the time of issuing the policy. There is no ambiguity: only six poly-houses were insured; poly-houses 7, 8A, and 8B, completed after issuance, are not covered.

Parties
Appellant: Vikram Greentech (I) Ltd.; Respondent: New India Assurance Co. Ltd.
Jurisdiction
India
Judgment Date
01 April 2009
Procedural Posture
Civil Appeal / Supreme Court Decision
Outcome
Appeal dismissed
Legal Topics
Construction of Insurance Policy, Insurance Coverage, Proposal Form as Integral Document, Strict Construction of Commercial Contracts

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Legal principles 3 Authorities cited 4 Party arguments 2 Amounts and remedies 9
Sign in to unlock

Parties

Vikram Greentech (I) Ltd.

Appellant

New India Assurance Co. Ltd.

Respondent

Procedural Posture

Civil Appeal / Supreme Court Decision

  1. 1 Whether the comprehensive floriculture insurance policy issued covered poly-houses 7, 8A, and 8B in addition to poly-houses 1-6.

Ratio Decidendi

Insurance policy covers only poly-houses that existed at the time of issuing the policy. There is no ambiguity: only six poly-houses were insured; poly-houses 7, 8A, and 8B, completed after issuance, are not covered.

Court Disposition

Appeal dismissed

Orders

  • No order as to costs