IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF OCTOBER 2017 BEFORE THE HON’BLE MR.JUSTICE A.S.BOPANNA W.P.NO.54413/2014 (GM-RES) BETWEEN:
M/S. MICROTEX INDIA LTD A COMPANY INCORPORATED UNDER THE PROVISIONS OF COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT PLOT NO. 33, PART 33 A, 34C KIADB INDUSTRIAL AREA HOSAKOTE, BANGALORE RURAL DISTRICT BANGALORE-562 114 REPRESENTED BY ITS DIRECTOR MR.GUNNA ASHOK REDDY ... PETITIONER (By MS : NIDHISHREE B V, ADV) AND 1.THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY 3RD FLOOR, PARISHARAM BHAVAN BASHEER BAGH, HYDERABAD-500 004 REPTD. BY ITS CONTROLLER(CHAIRMAN) 2.MR. T.S. VIJAYAN FATHERS NAME UNKNOWN TO THE PETITIONER AGED MAJOR, CHAIRMAN THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY 3RD FLOOR, PARISHARAM BHAVAN BASHEER BAGH, HYDERABAD-500 004.
3.MR. SURESH MATHUR FATHER S NAME UNKNOWN TO THE PETITIONER AGED MAJOR SENIOR JOINT DIRECTOR (NON LIFE) THE INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY 3RD FLOOR, PARISHARAM BHAVAN BASHEER BAGH, HYDERABAD-500 004.
4.M/S CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LTD DARE HOUSE, II FLOOR, N.S.C BOSE ROAD, PARRYS CHENNAI-600 001.
REPTD., BY ITS CHIEF EXECUTIVE OFFICER MR.S.S. GOPALARATNAM ALSO AT:
19/1, 9/1, ULSOOR ROAD OPP. ULSOOR GURUDWARA BANGALORE-560 042.
... RESPONDENTS (By Sri : S SRIRANGA FOR R1-R3 AND SRI.O.MAHESH ADV. FOR R4) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DT.16.4.2014 ISSUED BY THE R-1 (ANNX-T) AND DIRECT THE R-1 TO CALL FOR AN INDEPENDENT REPORT FROM ANY OTHER APPROVED SURVEYOR IN TERMS OF THE REPRESENTATION OF THE PETITIONER DT.15.10.2011 (AT ANNX-H) TO ASSESS THE LOSS CAUSED BY THE FIRE ACCIDENT AND FURNISH THE COPY OF THE REPORT TO THE PETITIONER, WITHIN A REASONABLE PERIOD OF TIME OF 30 DAYS, IN TERMS OF SEC. 64 UM(3) OF THE INSURANCE ACT, 1938; AND CONSEQUENTLY DIRECT R-4 TO SETTLE THE CLAIM OF THE PETITIONER AT RS.7,40,59,855/- (RUPEES SEVEN CRORES FORTY LAKHS FIFTY NINE THOUSAND EIGHT HUNDRED & FIFTY FIVE ONLY) THIS WRIT PETITION COMING ON FOR ORDERS THIS DAY, THE COURT MADE THE FOLLOWING:
O R D E R Learned counsel for the petitioner has filed a memo dated 25-10-2017.
In terms of the memo, the petition is disposed of as withdrawn, with liberty as prayed for.
Sd/- JUDGE mpk/-*