Caplin Steriles Limited v. Cholamandalam Ms General Insurance Company Limited
Case brief
What is this about?
Application in a commercial suit for appointment of an Advocate Commissioner to assess the salvage value of insured machinery manufactured by Tofflon and Syntegon, stored at Kakkalur. With the respondent's consent and coordination with MSTC Ltd, the court allowed the application, appointing a Commissioner to complete the exercise within 12 weeks.
What did the court decide?
Advocate Commissioner Ms.Tharika Sai S.Mohan appointed to assess salvage value and coordinate sale via MSTC Ltd within 12 weeks; remuneration Rs.1,00,000/- borne by applicant.