Name change can't lead to claim rejection

The consumer forum recently said a company can file for a claim under its new name even though the policy stood in its former name

Shreem Capacitors was in the business of manufacturing capacitors and supplying these to various state electricity boards, government undertakings, and railways. The company obtained a 220 KVA sub-station from Maharashtra State Electricity Transmission Company (MSETCL) to erect its factory at Yavatmal. The property, including the transformer and other equipment and accessories which were kept in the open compound, was insured with United India 

Insurer (insurer).

A fire occurred on the afternoon of December 8, 2008, in which the transformer and other equipment worth Rs 52.74 lakh were burnt. The incident was reported the following day to Vadgaon Police Station in Yavatmal. 

The insurer