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By Celia Jenkins, Swathi Ramakrishnan
The forms and design of life insurance products in India has been regulated through various guidance issued by IRDAI from time to time.
By Celia Jenkins, Anuj Bahukhandi, Nimisha Srivastava
No commission/remuneration or rewards are payable to insurance agents/insurance intermediaries for the distribution of the Act Only long term policies.
By Celia Jenkins, Anuj Bahukhandi
The apex consumer body, the National Consumer Disputes Redressal Commission (National Commission), while hearing an appeal filed against the order of the Maharashtra State Consumer Disputes Redressal Commission (State Commission),
By Shubhangi Pathak, Shriya Luke
As #METOO Movement gains traction in India, the number of workplace sexual harassment complaints are likely to balloon.
By Naval Sharma, Madhav Misra
The Supreme Court in its recent judgment in Vedanta v Shenzen Shandong Nuclear Power Construction Co has laid down guidelines to be followed by arbitrators for awarding interest in international commercial arbitrations which have a seat in India.
By Naval Sharma, Shriya Luke
The Commercial Courts Act, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018 ('Amendment Act') was passed by the parliament on 10 August 2018. Earlier on 3 May 2018 the government had notified the Commercial Courts Act, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018 ('the Ordinance') which has resulted in the Amendment Act.
By Shubhangi Pathak, Shriya Luke
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (‘Act') and the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Rules, 2013 (‘Rules') were enacted on 9 December 2013 with the objective of preventing and protecting women against sexual harassment at workplace.
By Celia Jenkins, Anuj Bahukhandi, Swathi Ramakrishnan
Blockchain is a relatively new form of technology that acts as an incorruptible digital ledger and keeps a record of all data or transactions virtually.
By Shubhangi Pathak, Saurajay Nanda
Private companies incorporated under the Companies Act 1956 or Companies Act 2013 ("Act") and limited liability partnerships (LLPs) formed under the Limited Liability Partnership Act 2008 ("LLP Act") are two forms of corporate business vehicles for undertaking business in India.
By Celia Jenkins, Anuj Bahukhandi
The Supreme Court, by way of an order in S Rajaseekaran v Union of India and Ors [Writ Petition (Civil) No 295/2012] of 20th July 2018 (Order), has made it mandatory to provide long term third party liability insurance cover with respect to new vehicles sold from 1st September 2018.
By Shubhangi Pathak, Anuj Bahukhandi
The Financial Resolution and Deposit Insurance Bill 2017 (Bill), which was tabled in the Parliament in August 2017 as a result of India's G-20 commitment, had attracted some criticism following concerns over its controversial ‘Bail-in' provision which allowed for the use of public deposits for restructuring of a failing financial institution's liabilities.
By Shubhangi Pathak, Shriya Luke
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 ('Act') and the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Rules, 2013 ('Rules') were enacted on 9 December 2013 with the objective of preventing and protecting women against sexual harassment at workplace.
Motor insurance is one of the major segments of general insurance business in India and has, per the IRDAI's report of September 2017, contributed to almost 39% of the total general insurance gross direct premium collections in the year 2016-17.
By Shubhangi Pathak, Priya Misra
The insurance sector has, in the recent years, been abuzz with the news of new players looking to acquire stakes in insurance companies and insurance intermediaries.
By Naval Sharma, Saurajay Nanda
The OTS was treated as a Resolution Plan and was approved by a 100% vote of the CoC. The Resolution Plan was thereafter placed before the NCLT for recording its satisfaction as per §31 of the IBC.