Dharmendra Goel vs Oriental Insurance Co.Ltd on 30 July, 2008
The Ld. District considered the loss as Constructive Total Loss taking into consideration the fact that the estimated repairing cost of the vehicle was approx. 85% of the IDV. It appears, the Ld. District Forum, picking a thread from the decision of Hon'ble Supreme Court in the matter of Dharmendra Goel v. Oriental Insurance Co. Ltd., reported in (2008) 8 SCC 279, considered depreciation @ 20% (the vehicle being one year and one month old) and derived at the figure of Rs. 11,60,100/-.