#Discharge Voucher

The Bombay High Court ruled that signing a discharge voucher under duress to accept a reduced insurance payout does not constitute valid accord and satisfaction. This clarifies that insured parties retain the right to pursue the full claim through arbitration when acceptance is coerced, reinforcing procedural fairness in insurance disputes and protecting policyholders from coercive settlement tactics.

The State Consumer Commission holds that a finance company remains liable for damage to pledged gold jewellery even after a discharge voucher is signed, if damage occurred prior to settlement.