Search Results Page

Search Results

1 - 10 of 18 (0.46 seconds)

Bond Food Products Private Ltd vs M/S. Planters Airways Ltd on 8 April, 2004

14.10. In its literal sense, subrogation is the substitution of one person for another. The doctrine of subrogation confers upon the insurer the right to receive the benefit of such rights and remedies as the assured has against third parties in regard to the loss to the extent that the insurer has indemnified the loss and made it good. The insurer is, therefore, entitled to exercise whatever rights the assured possesses to recover to that extent compensation for the loss, but it must do so in the name of the assured, vide Oberai Forwarding Agency v. New India Assurance Co. Ltd., (2000) 2 SCC 407.

Transport Corporation Of India Ltd. vs . Oriental Insurance Co. Ltd on 13 October, 2010

8. Before we advert to the merits of delay condonation application and the appeals, it may be mentioned that previously, this Commission held that the complaints were not maintainable in view of Oberai Forwarding Agency Vs. New India Assurance Co. Ltd. [(2000) 2 SCC 407]. That order was challenged by the insurer in Civil Appeal No.212-213 of 2004.
National Consumer Disputes Redressal Cites 13 - Cited by 0 - Full Document

Drs Logistics Private Limited vs Blue Star Limited

14.10. In its literal sense, subrogation is the substitution of one person for another. The doctrine of subrogation confers upon the insurer the right to receive the benefit of such rights and remedies as the assured has against third parties in regard to the loss to the extent that the insurer has indemnified the loss and made it good. The insurer is, therefore, entitled to exercise whatever rights the assured possesses to recover to that extent compensation for the loss, but it must do so in the name of the assured, vide Oberai Forwarding Agency v. New India Assurance Co. Ltd., (2000) 2 SCC 407.
Madras High Court Cites 17 - Cited by 0 - M M Sundresh - Full Document

Fresenius Medical Care Dialysis ... vs Kerry Indev Logistics Private Limited on 4 July, 2022

19. Reliance placed by learned counsel for the respondent on the judgment of the Supreme Court in Oberoi Forwarding Agency Vs. New India Assurance Company Ltd. (2000) 2 SCC 407, to contend that the document is an assignment and as such the petitioner has ceased to have any right to invoke arbitration, is misplaced for the reason that the Constitution Bench of the Supreme Court in Economic Transport Organization Delhi (supra) specifically held that the principle in Oberoi Forwarding Agency (Supra) was not correctly ARB. P. 180-2022 & 181-2022 Page 17 of 19 Signature Not Verified Digitally Signed By:KUNAL MAGGU Signing Date:08.07.2022 21:02:41 This file is digitally signed by PS to HMJ Sanjeev Sachdeva.
Delhi High Court Cites 8 - Cited by 0 - S Sachdeva - Full Document

Fresenius Medical Care India Private ... vs Kerry Indev Logistics Private Limited on 4 July, 2022

19. Reliance placed by learned counsel for the respondent on the judgment of the Supreme Court in Oberoi Forwarding Agency Vs. New India Assurance Company Ltd. (2000) 2 SCC 407, to contend that the document is an assignment and as such the petitioner has ceased to have any right to invoke arbitration, is misplaced for the reason that the Constitution Bench of the Supreme Court in Economic Transport Organization Delhi (supra) specifically held that the principle in Oberoi Forwarding Agency (Supra) was not correctly ARB. P. 180-2022 & 181-2022 Page 17 of 19 Signature Not Verified Digitally Signed By:KUNAL MAGGU Signing Date:08.07.2022 21:02:41 This file is digitally signed by PS to HMJ Sanjeev Sachdeva.
Delhi High Court Cites 8 - Cited by 0 - S Sachdeva - Full Document

Associated Road Carriers Ltd. vs Tridoss Laboratories Ltd. on 2 November, 2011

7. We have perused the relevant record and the case law cited by the parties. It may be noted that previously, FA No.125 of 1998 i.e. the present appeal was allowed by this Commission vide order dated 22.11.2006 on the ground that the insurer could not be treated as consumer qua the appellant in view of the Oberai Forwarding Agency Vs. New India Assurance Co. Ltd. (2000) (2) SCC 407. The issue was decided by the larger Bench of the Supreme Court and by allowing Civil Appeal No.1712 of 2007 in view of judgment in M/s. Economic Transport Organisation Vs. M/s. Charan Spinning Mills (P) Ltd. & Anr. In Civil Appeal No.5611 of 1999, the said order was reversed.
National Consumer Disputes Redressal Cites 7 - Cited by 1 - Full Document
1   2 Next