Author name: Balasundaram

A common man's musings

Rock-a-bye baby!

When you think of a rocking-chair, what are the images which come to mind immediately? An elderly gentleman sitting on it peering at a newspaper or a grey-haired lady knitting a sweater or a mitten for her grand-kids. Retired, domestic bliss? Well, am not into that league just as yet but had a rocking-chair experience

Travel

Lalbaugcha Raja

As has been our practice for the last few years, this time too we were at Lalbaug on Ganesh Chaturthi for ‘ mukh darshan ‘ of the Raja. Total time for darshan – One hour fifty minutes. Well managed crowds though there was a fair bit of jostling in front of the idol. The volunteers

Marine cargo insurance

Labels clause- Simple? Not really

Labels clause is a common feature in most marine cargo policies these days. Different versions of the clause are in vogue but the essence of this clause is as under: ‘ Should there be a loss/damage to the labels on the insured subject-matter during transit, insurer’s liability will be limited to the cost of new

Marine cargo insurance

Insufficiency of packing- 4.3 of ICC

Possibly the most debatable portion of the Institute Cargo clauses- 1982! Insufficiency or unsuitability of packing, an exclusion under 4.3 of ICC-1982 was a potent weapon in the hands of claim settlers & loss assessors who knew all claimants would not seek legal recourse and went about invoking this exclusion at the slightest opportunity. Assureds

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