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By Celia Jenkins, Anuj Bahukhandi, Swathi Ramakrishnan
Partial withdrawal may now be opted under unit linked pension policies
By Shubhangi Pathak, Shriya Luke
Under §23 of the Act, the Central and State Governments are both empowered to monitor the implementation of the Act.
By Shubhangi Pathak, Priya Misra
Relaxation of foreign investment limits in the insurance sector has been a subject of much debate over a period of time.
By Saurajay Nanda, Aashna Jain
NCLAT has, in its recent decision in NUI Pulp and Paper Industries Pvt Ltd v Roxcel Trading GmbH, held that Rule 11 of the National Company Law Tribunal Rules 2016 recognises that the NCLT has inherent powers ...
By Arjun Masters, Varun Loonkar
§11 of the Arbitration & Conciliation Act 1996 (A&C Act) stipulates the procedure for appointment of arbitrators.
By Shubhangi Pathak, Priya Misra
The IRDAI RS Guidelines provide guidance on the operational issues pertaining to the regulatory sandbox.
By Aditya Gupte, Shriya Luke
The Arbitration and Conciliation Act 1996 was recently amended by the Arbitration and Conciliation (Amendment) Act 2019 and certain key reforms have been introduced.
By Saurajay Nanda, Varun Loonkar
Given this judgment, corporate debtors will now need to be prompt in raising any disputes they have pertaining to claims made on them by Operational Creditors.
By Shubhangi Pathak, Priya Misra
Over the years, the emphasis of Indian market regulators has been towards increasing regulation of market participants, often primarily focussed on safeguarding the interests of customers.
By Mandakini Khanna, Siddharth Mishra
In the case of Sorout Mushroom Farm v NIC & Ors [ ] (decided on 16 April 2019), the National Consumer Disputes Redressal Commission provided some useful guidance in relation to the claim assessment by an IRDA licensed Surveyor.
By Shubhangi Pathak, Anuj Bahukhandi
The individual customer may also export such data in a structured format.
By Celia Jenkins, Anuj Bahukhandi, Nimisha Srivastava
The IRDAI in the opening half of the 2019-20 financial year has introduced or proposed significant changes to the presently existing insurance regulatory framework, by way of norms providing guidance on policyholder communications, ...
By Shubhangi Pathak, Priya Misra
The provisions of the Insurance Act 1938 (Insurance Act) provide guidance on certain conflict of interest situations.
By Neeraj Tuli, Mandakini Khanna
In the case of Reliance Life Insurance Ltd & Anr v Rekhaben Nareshbhai Rathod[ ] (decided on 24 April 2019), the Supreme Court of India has extensively dealt with the Insured's disclosure obligation.
By Celia Jenkins, Anuj Bahukhandi, Swathi Ramakrishnan
All other applicable terms and conditions shall be incorporated in this part.