beyond economical repairs. Relevant part of the said survey report is reproduced hereunder:-
"CAR EXTENSIVELY DAMAGED BEYOND ECONOMICAL REPAIRS. AGGREGATE COST OF REPAIR EXCEEDS
owner shall not ordinarily be required to execute repairs at a cost exceeding one month's letting value for the accommodation In a year ... opinion of the District Magistrate the accommodation needs any special repairs and the aggregate cost of all repairs is in any year likely to exceed
cost of repair including cost of materials replaced and, onward and return freight and insurance. The invoice value for the GTG considering the repair charges ... goods was to be paid. This amount was the aggregate of fair cost of repair, cost of materials used for replacing worn out parts
vehicle shall be
treated as a CTL if the aggregate cost of retrieval and/or repair of the vehicle,
subject to terms and conditions
Marine Insurance
LAW COMMISSION
OF INDIA
TWEXTY-FIRST REPORT
{MARINE INSURANCE)
GOVERNMENT OF INDIA :MINISTRY
this regard, the Ld. AR submitted that the cost of dry dock repairs
aggregating to USD 550,000 which is done once in 2.5 years ... owner of the vessel who
bears the cost of dry dock repairs whereas in the instant case, it was agreed that the
charterer would bear
that the prices are guaranteed. Further, in case the aggregate
cost of retrieval or repair of the vehicle exceeds
cost of which comes to Rs. 14,43,171.50 including 12.5% VAT. However, the surveyor has deducted 50% depreciation from the cost of spare parts ... vehicle shall be treated as a CTL if the aggregate cost of retrieval and/or repair of the vehicle, subject to terms and conditions
cost of which comes to Rs. 14,43,171.50 including 12.5% VAT. However, the surveyor has deducted 50% depreciation from the cost of spare parts ... vehicle shall be treated as a CTL if the aggregate cost of retrieval and/or repair of the vehicle, subject to terms and conditions
complaint that after inspecting the damage
car, repairers have given estimate of repairing of Rs. 17,35,000/- the
estimates are produced at annexure ... vehicle shall be treated as a CTL if the aggregate cost of
retrieval and/or repair of the vehicle, subject to terms and conditions
