Tag
National Insurance Company Limited
10 articles
National Insurance Company Limited is facing a series of legal challenges and procedural hearings before the Supreme Court, highlighting potential risks related to claims management and litigation. Several cases involve the dismissal or conditional review of special leave petitions, often stemming from disputes over insurance claim repudiations and policy validity, as seen in matters concerning Veedol Corporation, Vel Tech Engineering College, and Jyoti Saharey. While the court has occasionally condoned delays in filings, these ongoing proceedings underscore the insurer's exposure to legal costs and potential liabilities, which could impact future profitability and require careful monitoring by investors.
Nikon Systems Wins One-Week Extension
Supreme Court heard civil appeal (Diary No. 10650/2026) by Nikon Systems against National Insurance Company.
The appeal stems from a December 23 2025 NCDRC judgment (CC No. 814/2018) involving the sam
Supreme Court Condones Delay for NICL
Supreme Court heard SLP (Civil) filed by N Kaliyappan & Ors. against National Insurance Company Limited, arising from 2024 High Court order.
Court, comprising Justices Pankaj Mithal and S.V.N. Bhatti,
Veedol Receives ₹3.5 Crore Insurance Claim Repudiation
Veedol Corporation discloses receipt of a formal repudiation letter from National Insurance Company for a ₹3.5 crore claim.
The claim was filed for losses from a fire incident at a third-party depot i
National Insurance Co. Recovers Compensation from College
Supreme Court allowed appeal, directing National Insurance Company to recover compensation paid to victim from Vel Tech Engineering College.
Court found insurance policy was only valid until Jan 5 200
National Insurance SLP Dismissed by Supreme Court
Supreme Court dismissed Special Leave Petition filed by Sujith Jayan against National Insurance Company Limited, upholding High Court order dated 12‑12‑2024.
The Court condoned delay in filing IA No.1
National Insurance SLPA Dismissed, Delay Condoned
Supreme Court condoned delay in refiling for National Insurance Company's special leave petition against Shantibai & Ors.
The Court found no grounds to interfere with the High Court's order dated 11‑1
Sethia Oil Industries Supreme Court Hearing Update
Supreme Court hearing on Sethia Oil Industries' special leave petition against National Insurance Company.
Court declined National Insurance's opportunity to file counter affidavit in the case.
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National Insurance Supreme Court MAC Appeal Dismissed
• Supreme Court dismissed National Insurance Company's special leave petition against a motor accident claim award.
• Court declined to interfere with the High Court of Chhattisgarh's order dated 07-1
Supreme Court Dismisses Jyoti Saharey Review Petition
Supreme Court dismisses Jyoti Fatechand Saharey's review petition against National Insurance Company Limited.
The court allowed an application for condonation of delay in filing the review petition.
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National Insurance Company SLP Procedural Hearing
• Supreme Court schedules next hearing for Special Leave Petition involving National Insurance Company for May 22, 2026.
• Respondent No. 1 directed to file counter affidavit by May 13, 2026, or lose