Claim can't be denied on frivolous grounds

As for the purchase of raw materials from its sister concern, the National Commission observed this was properly recorded and there were corresponding sales and exports

Herbal India Phytochem, a partnership firm, manufactures calcium sennosides from senna leaves mixed with methanol and ammonia, which is used in various concentrations as a medicine for digestive problems.
 
The firm had taken a loan of Rs 2.65 crore and had availed of a cash credit facility of Rs 1.85 crore from Punjab National Bank. So, the bank had a mandatory duty to check the stocks on a monthly basis. The firm had obtained insurance coverage from United India Insurance Co. to cover its building, plant machinery, fittings, fixtures and stocks for a sum of Rs 61.5 crore. During