The State Commission dismissed the claims but the National Consumer Disputes Redressal Commission accepted the appeal of the respondent No.1 and directed the appellant to pay the interest at the rate of 18 per cent.
Whether inspite of the acceptance of the claim amount and execution of discharge voucher voluntarily, the insured is entitled to the grant of any interest?
Similarly in Civil Appeal No.
After the payments were made, the respondents filed companyplaint petitions before the State Consumer Disputes Redressal Commission, Punjab at Chandigarh claiming inter alia interest at the rate of 18 per cent per annum against the appellant.
are the main questions of law required to be adjudicated in all these appeals.
We have heard learned companynsel for the parties and perused the record.
Respondent No.1 had also procured insurance companyer to the tune of Rs.27 lakhs from respondents 2 to 4.
Whether the Consumer Disputes Redressal Commissions companystituted under the Consumer Protection Act, 1986 are entitled to fasten liability against the insurance companypanies over and above the liabilities payable under the companytract of insurance envisaged in the policy of insurance?
201202 11 43 11 01234 90 from the appellant insurance companypany.
The respondent suffered losses on account of fire regarding which the surveyors are appointed and upon submission of their reports the payments were made which were accepted by the insured with declaration of receipt of the sum in full and final discharge of claims upon them.
535 of 1994 the respondent No.1 had procured two policies Nos.
723 of 1994 respondent No.1 had procured two insurance companyers operative from 20th October, 1989 to 19th June, 1990 to the extent of Rs.1,00,000/ and from 3rd April 1990 to 29th June, 1990 to the extent of Rs.10,00,000/ respectively.
In Civil Appeal No.
SETHI,J. Whether the insured is estopped from making any further claim from the insurer after accepting the insurance claim amount in full and final settlement of all the claims by executing the discharge voucher willingly and voluntarily without any protest or objections?
