HC dismisses insurer’s plea, society to be compensated for 26/7 damage

The housing society had renewed its insurance policy on July 17, 2005, a week before its expiry. It paid ₹18,910 by a cheque drawn on the Thane District Central Co-operative Bank. On July 22, a fresh annual policy was issued to the society that would kick in on July 25. The next day, torrential rains struck Mumbai and its suburbs, leading to severe damage to the structures in the housing society