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2025 DAILYLAW 10659 (RAJ)

BINANI CEMENT LTD v. NATIONAL INSURANCE COM LTD ORS

CW/2415/2011 · 2025-02-25

Sudesh Bansal

body2025

Judgment text

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[2025:RJ-JP:8447] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Civil Writ Petition No. 2415/2011 Binani Cement Limited Having Its Corporate Office At Mercantile Chambers, 2nd Floor, 12 J.N.Hardia Marg, Ballard Estate, Mumbai and Office at 22, Miracle, Subham Enclave, Jamnalal Bajaj Marg, C-Scheme, Jaipur, through its Authorized Signatory Shri Ram Mohan S/o Shri Chiranji Lal, Aged about 75 Years, Resident of J- 4, tagore Nagar, ajmer Road, jaipur. ----Petitioner Versus 1. National Insurance Company Ltd., 3, Middleton Street, kolkata 700071 Through Its Chairman. 2. Chief Regional Manager, national Insurance Company Ltd.,regional Office No.II, 5Th Floor, sterling Cinema Building, 65, Murzban Street, Mumbai 400001. 3. Tariff Advisory Committee Through Its Secretary, Ador House, 1st And 2nd Floor, 6, K.dubash Marg, fort, Mumbai 400024. 4. Insurance Regulatory and Development Authority, 3rd Floor, parisaram Bhavanam, basheerbagh, Hyderabad 500004 through its Chairman. 5. Willis BA India Pvt. Ltd., 111, Free Press House, nariman Point, mumbai. ----Respondents For Petitioner(s) : Mr. Manish Priyadarshi For Respondent(s) : Mr. Abhi Goyal HON'BLE MR. JUSTICE SUDESH BANSAL Order 25/02/2025 1. Instant writ petition was filed by and on behalf of petitioner- Binani Cement Limited wayback on 18.05.2010, fundamentally for fixation of rate of premium for Machinery Loss of Profit (MLOP) and in that connection, impugned orders were challenged. [2025:RJ-JP:8447] (2 of 2) [CW-2415/2011] However, counsel for petitioner, on instructions of petitioner, submits that in the meantime, National Company Law Appellate Tribunal, New Delhi has passed judgment dated 14.12.2018 and in terms of such judgment, petitioner does not want to pursue the writ petition on merits and seeks permission to withdraw the same. 2. Respondents have no objection. 3. In view of above, the writ petition is dismissed as withdrawn. 4. Pending application(s), if any, stand disposed of. (SUDESH BANSAL),J Sachin/140