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Economic Transport Organisation Delhi vs M/S Charan Spinning Mills (P) Ltd.& Anr on 17 February, 2010

plaintiff No.2 lodged a claim with the plaintiff No.1 to claim the loss caused to the machinery in view of the policy of insurance that was in force between the plaintiff No.1 and the plaintiff No.2. The plaintiff No.1 for assessment of the damages caused to the machinery, appointed a Surveyor who conducted an extensive survey and determined the loss at a sum of Rs.7,46,755/-. Thereupon, the plaintiff No.1 settled the same and obtained a letter of Subrogation by which it stepped into the shoes of plaintiff No.2 to recover the same from the defendant who was responsible for the damage caused to the goods that was consigned. The plaintiff No.1 as a subrogate-cum-assignee was entitled to take advantage of the notice issued by plaintiff No.2 and lodge a claim for recovery of the loss caused to the machinery in question. Based upon such a letter of Subrogation (Ex.P.19), proceedings were initiated to recover the said sum of Rs.7,46,755/-. The right of the insurer to proceed against the carrier to recover the damages is lucidly elucidated in the judgment of the Hon'ble Apex Court in ECONOMIC TRANSPORT ORGANIZATION VS. CHARAN
Supreme Court of India Cites 22 - Cited by 143 - R V Raveendran - Full Document
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