season
vegetable crops and, thus, also made deficiency in service, causing
substantial loss to the complainant. The complainant, therefore, laid
claim for total compensation
loan accounts to the other
financial institution, it suffered huge/substantial loss. A sum of
Rs.64,14,369/- was to be repaid in respect
under:-
"Insured as on date of this report did
not substantiate the loss or submitted required details or communicated in
the matter. Under ... specifically alleged on their behalf that is for the
Complainant to substantiate the loss, which the Complainant failed to do.
[6] The Complainant relied upon
further that the loss as assessed
by the surveyor is liable to be paid by the insurer. The assessment of
loss ... think that the complainant has suffered any substantial loss by
entering into an agreement of sale of vehicle at a price
entitlement
to collect and appropriate the toll. This resulted in substantial loss of revenue to JIL, which revenue it would have generated and used
entitlement to collect and appropriate the toll. This resulted in substantial loss of revenue to JIL, which revenue it would have generated and used
places the burden
on the Insured to prove that the loss was due to a malicious act, which
the Complainant has failed to discharge ... Tank No. 4, causing leakage and
12 | P a g e
substantial loss, but the Claim was repudiated on 28.03.2018 on the
ground that
drainage connections. It has been stated that the opposite parties suffered substantial loss on account of the reasons given above. It has been pleaded that
more than two hours. In the fire, the
complainants suffered substantial loss, occurred to the stock of
Allowed PAGE 3 OF 32
C-952/2019 ... licensed surveyor M/s TIM
Insurance Surveyor & Loss Assessors Pvt. Ltd. to assess the loss under
the policy. The said surveyor conducted the detailed
failed in
making proper assessment of loss and this resulted in substantial losses to the
complainant. Fact of the matter was that insured property ... loss of Rs.17160876/-. The
assessed loss after applying the underinsurance of 16.96% and after deducting salvage
of Rs. 12.99 lakhs, the indemnifiable assessed loss
