BMW owner wins Rs 36.57 lakh case
BMW owner wins Rs 36.57 lakh case
ByY Maheswara ReddyY Maheswara Reddy / Updated: Jul 10, 2021, 06:00 IST
Commission has directed an insurance company to pay Rs 36.57 lakh as compensation to a
BMW car owner. The complainant was
Sharath Kumar Munireddy, a resident of HAL,
Third Stage, Bengaluru.
“The opposite parties, one and two (
Tata AIG General Insurance Company) are directed to pay Rs 36,57,777. 78 (value of the vehicle under the constructive total loss as per the invoice dated, March 12, 2014) along with an interest of 12 per cent per annum on the said amount from the date of repudiation, March 10, 2020, till the payment of entire amount,’’ the Commission said in its order.