Insurance claims cannot be rejected on the basis of definition of terrorism in penal laws – When the policy itself defines the acts of terrorism in the Exclusion Clause, the terms of the policy being a concluded contract will govern the rights and liabilities of the parties
SUPREME COURT OF INDIA DIVISION BENCH NARSINGH ISPAT LIMITED — Appellant Vs. ORIENTAL INSURANCE COMPANY LIMITED AND ANOTHER — Respondent ( Before : Ajay Rastogi and Abhay S. Oka, JJ.…