Depreciation to be computed only on sum insured in the absence of fraud etc. – SC
January 30, 2019
Insurance, Supreme Court
Depreciation to be computed only on sum insured in the absence of fraud, coercion or misrepresentation. Parties in insurance contract bound by sum insured – SC In an important judgment, the Hon’ble Apex Court has held that Depreciation to be computed only on sum insured in the absence of …