Sohom Shipping v. New India Assurance
Supreme Court of India[2025] 5 S.C.R. 33; 2025 INSC 453Bench: Justices B.V. Nagarathna and Satish Chandra Sharma
A standard form special warranty that would render a policy illusory (by making compliance practically impossible for the assured's intended voyage and policy period) is non-material and cannot function as a condition precedent to deny liability. Courts must interpret insurance clauses with commercial common sense.