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Royal Sundaram General Insurance Asked To Pay Rs10 Lakh Claim with 9% Interest and Rs1.05 Lakh Compensation to the Wife of Deceased

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. ....

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Tata Motors, 2 Dealers Asked To Pay Rs5 Lakh to Buyer for Malfunction in Indigo Manza Engine

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. ....

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Ashok Leyland's Dealer Directed To Pay Insured Declared Value for Clearing Auto Loan and Pay Balance to Customer

Upholding the method adopted by a district commission for treating the depreciated value of a truck as equal to the insured declared value (IDV) of the vehicle as per the valid and existing insurance policy, the national consumer disputes redressal commission (NCDRC) directed an authorised dealer of Ashok Leyland Ltd to pay the IDV value, a compensation of Rs50,000 and litigation cost of Rs5,000 to the buyer. Further, the payment based on the IDV should be first used to repay the auto loan if pending, and the balance should be paid to the customer, NCDRC clarified. ....

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