LAWS(CAL)-1956-4-9

ARBN JUPITER GENERAL INSCE CO LTD Vs. CORPORATION OF CALCUTTA WITH AWARD

Decided On April 27, 1956
ARBN. JUPITER GENERAL INSCE. CO. LTD. Appellant
V/S
CORPORATION OF CALCUTTA (WITH AWARD) Respondents

JUDGEMENT

(1.) THIS is an application by Jupiter General Insurance Company Limited to set aside an award by Sir Rupendra Coomar Mitter dated 12-4-1955 and to declare it null and void.

(2.) THE dispute is between the applicant, an Insurance Company, and the Corporation of Calcutta. It arises out of a policy of insurance No. C. T. 890 which the Corporation of Calcutta took cut on 19-4-1952 whereby the Insurance Company agreed to indemnify the Corporation up to a limit of Rs. 1.50,000/- against any loss of money occasioned by robbery, theft, or any other cause whatever whilst in transit.

(3.) THE dispute was referred to two Arbitrators at first, each being a nominee of the respective disputants. THEse Arbitrators disagreed. THE dispute thereafter was referred to the umpirage of Sir Rupendra Coomar Mitter.