HDFC Bank Ergo General Insurance — tech support firm assets to look, for rs 1 900 crores at hdfc ergo

After a long time, iyogi technical services company has come in vision; it is looking for $2996300 usd reimbursement for deficit in services ensuing in a defaulting judgment against it by a us court. So on a complaint by this technical company, the national consumer disputes redressal commission has asked for response from hdfc ergo general insurance company to.

With a claim to have got a professional responsibility strategy from hdfc ergo in the month october of 2014 that is applicable for a year for $10 million, this company did complaint to the national consumer disputes redressal commission all through advocate manish kumar that when it confronted the court case sued by the us attorney general to "finish a scam that hires deception and scare procedures to force consumers into purchasing preventable tech support services", the insurance company did not execute its obligation to give the requisite money promised under the insurance policy to employ capable lawyers before the seattle court to guard the court case.

Before justice ajit bharihoke and member anup thakur, senior advocate sukumar pattjoshi said rejection of obliged fiscal support from hdfc ergo let under the insurance policy that obliged iyogi to guard against the supposed claims against it in the court in usa. Accordingly, iyogi's net worth got wholly corroded foremost to major corrosion in market capital.

Iyogi looked for a direction from the national consumer disputes redressal commission to hdfc ergo, through which iyogi had got the insurance policy, to pay $ 10154303 usd, to the complainant in terms of the policy bought.

For loss of status and financial loss, iyogi asked for an amount of $1 billion usd from the insurance company.