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Supply Chain Risk

Insurer to pay for closure to avert risk from rioting

In July 2008, there was a huge agitation against the government’s move to acquire land belonging to the Amarnath Shrine Board

Topics

Insurance | indian government

Jehangir B Gai



BBF Industries, a Ludhiana-based company, had two manufacturing units for making cartons and packaging material. It had obtained two policies from United India Insurance—one for Standard Fire and Special Perils with a coverage of over Rs 60 crore, and the other for Consequential Loss (Fire) Policy with a coverage of Rs 15 crore. Both the policies were valid from October 29, 2007 to October 28, 2008.



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First Published: Sun, July 03 2022. 23:13 IST

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