Article
Signing Under Duress: Discharge Vouchers And Insurance Claim Settlements
In commercial insurance disputes in India, one practice continues despite attracting repeated judicial criticism. After a major loss, the insurer appoints a surveyor, the claim is assessed at a substantially reduced amount, and the insured, at times, is forced to sign a discharge voucher accepting a reduced amount towards “full and final settlement.”
Lakshmikumaran & Sridharan