Ship Sinking : After A 23 Year-Old Long Battle Over Insurance Claim, Vessel Owner Gets Relief From NCDRC

Arunima Bhattacharjee

9 Sept 2019 7:43 PM IST

  • Ship Sinking : After A 23 Year-Old Long Battle Over Insurance Claim, Vessel Owner Gets Relief From NCDRC

    After a rather long struggle over an insurance claim, the NCDRC has directed the National Insurance Co. Ltd. (Insurer) to pay the principal insured amount of Rs. 1.2 cr. plus interest, to the owner of an insured ship vessel. The vessel sank in Oman in 1996 after meeting with an accident, but the crew members on it survived. The order came on a complaint filed by Smt. Kesharben,...

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