consideration of the payment made, the first plaintiff executed a letter of
subrogation-cum-special power of attorney, dated 04.10.1995, in favour of the
second ... plaintiff. On payment of the said amount, the first plaintiff has
statutorily subrogated its rights to the second plaintiff and now the entire
claim
paying a sum of Rs.2,03,256/- and thus got subrogated to the first
plaintiff’s right of recovery of the amount and therefore ... also entitled to maintain the suit by virtue of the letter of subrogation. The
second plaintiff’s agents, vide letter dated 09.02.1998, lodged a claim
letter of subrogation and special power of attorney in
favour of the second plaintiff on 21.11.2000 and accordingly, the plaintiffs are
entitled to the suit ... that the claim of
the plaintiffs that the second plaintiff had got subrogated to the rights of the
first plaintiff based upon the policy
judis/
S.A.No.1607 of 2008
Subrogation cum Special Power of Attorney executed between the plaintiffs
1 and 2, the second plaintiff, the Insurance ... claim of
the first plaintiff on the basis of the Letter of Subrogation, the plaintiffs
have laid the suit.
10. As rightly held
insurer of the goods under the marine policy and by
way of subrogation from the first plaintiff, the second plaintiff along
http://www.judis
accordingly the second plaintiff got subrogated to the rights of the recovery of the first plaintiff as per the letter of subrogation and special power