Mumbai: National Consumer Disputes Redressal Commission Rejects Ruling Favouring Insurer freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
While upholding the orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed Royal Sundaram General Insurance Co Ltd (formerly known as Royal Sundaram Alliance Insurance Co Ltd) to pay the Rs10 lakh insurance claim along with Rs1 lakh as compensation and Rs5,000 as litigation cost to the wife of the deceased policyholder. It also asked the insurer to pay an interest of 9% on the delayed payment from the date of filing the complaint.
While upholding the order passed by Rohtas district forum in Bihar, the national consumer disputes redressal commission (NCDRC) directed Tata Motors Ltd and two of its authorised dealers to pay Rs5 lakh to a car buyer for malfunction in the vehicle s engine.
While accepting that the customer had used the vehicle for 15,000km and hence cannot receive a full refund, the national consumer disputes redressal commission (NCDRC) directed Mahindra & Mahindra Ltd (M&M) and its Indore-based dealer Patwa Automotive Pvt Ltd to refund Rs4.80 lakh along with an interest of 9% from 18 November 2008, the day since the car was lying with the dealer, for manufacturing or inherent defect in the vehicle.
Dismissing rulings from the below fora, the national consumer disputes redressal commission (NCDRC) clarified that Bajaj Capital Ltd, as a manager of the fixed deposit (FD) scheme of Plethico Pharmaceutical Ltd, is not responsible for paying maturity amounts or compensation to the FD holders.