M/S New India Assurance Company Ltd vs M/S Hemkund Duplex And Board Pvt. Ltd

M/S New India Assurance Company Ltd vs M/S Hemkund Duplex And Board Pvt. Ltd on 21 September, 2026 Reportable 2026 INSC 1023 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION Civil Appeal No. 7221 of 2025 M/s. New India Assurance Company Ltd. … Appellant versus M/s. Hemkund Duplex and Board Pvt. Ltd. … Respondent with Civil Appeal No. 11416 of 2025 JUDGMENT SANJAY KUMAR, J 1. M/s. New India Assurance Company Ltd., the appellant in Civil Appeal No. 7221 of 2025, assails the order dated 19.11.2024 passed by the National Consumer Disputes Redressal Commission1, New Delhi, in Consumer Complaint No. 66 of 2011, whereby it was directed to pay a sum of ₹2,40,00,000/- to M/s. Hemkund Duplex and Board Pvt. Ltd., the respondent therein, with interest thereon within 45 days of the order, failing which the amount payable was to carry higher interest @ 12% per Signature Not Verified Digitally signed by annum from the date of expiry of 45 days till the date of actual payment. babita pandey Date: 2026.09.21 17:11:35 IST Reason: 1 For short, ‘the NCDRC’ Further, it was directed to pay compensation of ₹3,00,000/- for deficiency in service, on account of inordinate delay in settling the claim, along with litigation costs of ₹1,00,000/-. While so, unsatisfied with the order dated 19.11.2024 of the NCDRC and the quantum of compensation awarded to it thereunder, the respondent filed Civil Appeal No. 11416 of 2025. 2. The claim put forth by the respondent, M/s. Hemkund Duplex and Board Pvt. Ltd., the complainant in Consumer Complaint No. 66 of 2011, was for compensation of ₹7,31,31,096.78, with interest @18% per annum, apart from other damages, on the strength of two fire i…