SC: In settlement of insurance claims the surveyors report is not final and conclusive
Last updated: 21 June 2022
Court :
Supreme Court of India
Brief :
The court held that the assessment of loss by an approved surveyor is a prerequisite for the settlement of insurance claims. A surveyor report is statutorily recognized and is a basic document in determining claims. However, the surveyor report is not the final word and is not conclusive.
Citation :
Civil Appeal No. 7033 of 2009
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FCS Deepak Pratap Singh
Published in Corporate Law
Views : 2680
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