M/S VIKAS MINES P.LTD. vs UNITED INDIA INSURANCE CO.LTD. — C.A. No. 5222/2010
Case under Section XV. Status: Disposed.
CNR: SCIN010281682009
Filing Date
15-Sep-2009
Registration No
C.A. No. 5222/2010
Diary Number
28168/2009
Order Date
09-Jul-2010
Document Type
ROP - of Main Case
Disposal Type
Allowed
Last updated 06-Jul-2026
Acts & Sections
Petitioner(s)
-
1.M/S VIKAS MINES P.LTD.
Adv. SARAD KUMAR SINGHANIA
Respondent(s)
-
1.UNITED INDIA INSURANCE CO.LTD.
Adv. YASH PAL DHINGRA
Case History
Summary: C.A. No. 005222 / 2010 (Vikas Mines v. United India Insurance) Outcome: Supreme Court allowed Vikas Mines' appeal, set aside the High Court's order, and directed the High Court to appoint an arbitrator. The Court held that the insurer's payment of Rs. 37.2 lakhs (against a claimed Rs. 55 lakhs for excavator damage) did not constitute a valid full and final settlement, as the appellant explicitly stated any lesser payment would be accepted only as partial payment and reserved its arbitration rights. Next Steps: High Court directed to appoint an arbitrator for adjudication of disputes between the parties. This case analysis is maintained by casestatus.in based on publicly available court records.
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