-Consumer Protection Act, 1986 – Section 23 – Appeal – Breach of condition of Policy — HELD Fidelity Guarantee is different from contingency guarantee – The insurance under it, is for honesty, against negligence or for being faithful and loyal to its employees – The protection afforded is different than in normal insurance policies – Precisely, it is a contract whereby, for a consideration, one agrees to indemnify another, against loss, arising from the breach of honesty, integrity or fidelity of an employee or other person holding a position of trust”
SUPREME COURT OF INDIA DIVISION BENCH ORIENTAL INSURANCE COMPANY LIMITED — Appellant Vs. NATIONAL BULK HANDLING CORPORATION PRIVATE LIMITED — Respondent ( Before : Mohan M. Shantanagoudar and R. Subhash…

