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Aristo Texcon, a private limited company, had its factory in Kolkata's Tangra Industrial Estate. A massive fire occurred on February 19, 2012. Here's what happened when they approached their insurer.

Aristo Texcon (the insured), a private limited company, had its factory in Kolkata’s Tangra Industrial Estate. It was engaged in the manufacture and sale of elastic tapes, laces, mattresses, pillows, cushions, and ready-made garments.
 

The insured had obtained a Standard Fire and Special Perils Policy from United India Insurance for a coverage of Rs 7.1 crore, which included Rs 1.1 crore for its seven-storeyed building, Rs 1 crore for plant, machinery and accessories, and Rs 5 crore towards stock. The policy was valid from May 31, 2011 to May 30, 2012.
 

A massive fire occurred on February 19, 2012 at