Kishan had taken a car insurance policy of Rs. 3,00,000 from Tata AIG Insurance. His car was stolen. After completing all the legal formalities, Tata AIG paid the full policy amount to him. However, after one year, the police recovered stolen car. Now, Kishan wants to sell the car to realise money from it, while Tata AIG claims to have a right over it. Which of the following statement is correct in the context of above case?
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Tata AIG have right on the stolen car because they compensated kishan with the full value of the car
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