Mondaq India: Insurance > Insurance Laws and Products
Cyril Amarchand Mangaldas
In M/s Adidas India Marketing (P.) Ltd. v. Income Tax Officer,[1] the Delhi Bench of the Income Tax Appellate Tribunal (ITAT)
Cyril Amarchand Mangaldas
So far this year, Indian financial sector regulators have taken steps towards adapting financial sector regulations to encourage the use of new technology.
Vaish Associates Advocates
NCLAT approves the resolution plan submitted by ArcelorMittal in the resolution proceedings in respect of Essar Steel India Limited while modifying the distribution of money to the financial and the operational creditors.
NovoJuris Legal
M&As and Investment transactions have been growing rapidly in India and there is no doubt that in such transactions allocating the risk of a breach is extremely important.
Trilegal
The Central Government has recently reduced the contribution rates of employees' state insurance (ESI) from 4.75% to 3.25% (employer contribution), and 1.75% to 0.75% (employee contribution).
Khaitan & Co
The Union Budget 2020, announced on Friday, 5 July 2019, has proposed some significant changes for the insurance sector in India.
Cyril Amarchand Mangaldas
Around noon on Friday, July 4th, 2019, the Hon'ble Minister of Finance, in her budget speech to the nation, proposed revisions to the existing foreign investment caps applicable to insurance brokers and other insurance...
Tuli & Co
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.
Nishith Desai Associates
Arrangements with insurance corporate agents: The IRDAI is empowered to license intermediaries, such as insurance corporate agents for 3 years at a time
Nishith Desai Associates
Introduction The monthly rate of contribution under the Employees' State Insurance Act, 1948 ("ESI Act") has been reduced to 4% from 6.5%. While the employer's share of contribution
Kochhar & Co.
In the past few years, the Indian Government has realised that its justice delivery system especially in respect of commercial disputes needs to keep pace with India's economic growth.
Trilegal
We discuss key factors driving M&A activity in this sector along with some issues faced in concluding M&A deals.
Phoenix Legal
The District Commission dismissed the complaint filed by the Respondent on the ground of the aforesaid non-disclosure.
Phoenix Legal
A complaint was instituted before the SDRC which allowed the claim of the Insured.
Khaitan & Co
The Notification declares 1 July 2019 as the date on which the reduced rates of contribution would become effective.
R. K. Dewan & Co
Policy Bazaar, an online aggregator of insurance plans acts as a marketplace for various insurance policies.
Tuli & Co
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, ...
IndusLaw
The reduced rates will be effective from July 01, 2019.
Trilegal
The Indian Insurance sectors is one of the most dynamic financial services sectors with a sizeable presence and an attractive growth trajectory. We discuss key factors driving M&A activity in this sector along with some issues faced in concluding M&A deals.
Tuli & Co
The provisions of the Insurance Act 1938 (Insurance Act) provide guidance on certain conflict of interest situations.
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Khaitan & Co
A full bench of the Hon'ble Supreme Court of India (the Court) in the case of United India Insurance Co. Limited v Hyundai Engineering and Construction Co Ltd & Ors has clarified that the observation of the Court ...
Cyril Amarchand Mangaldas
So far this year, Indian financial sector regulators have taken steps towards adapting financial sector regulations to encourage the use of new technology.
Phoenix Legal
A complaint was instituted before the SDRC which allowed the claim of the Insured.
Cyril Amarchand Mangaldas
In M/s Adidas India Marketing (P.) Ltd. v. Income Tax Officer,[1] the Delhi Bench of the Income Tax Appellate Tribunal (ITAT)
Kochhar & Co.
In the past few years, the Indian Government has realised that its justice delivery system especially in respect of commercial disputes needs to keep pace with India's economic growth.
Vaish Associates Advocates
NCLAT approves the resolution plan submitted by ArcelorMittal in the resolution proceedings in respect of Essar Steel India Limited while modifying the distribution of money to the financial and the operational creditors.
Tuli & Co
On 12th December 2018 the IRDAI (Re-insurance) Regulations 2018 (the "2018 Regulations") were notified.
Shardul Amarchand Mangaldas & Co
The Regulations were keenly awaited by the Indian insurance sector and aim to keep at pace with the changing market dynamics.
NovoJuris Legal
M&As and Investment transactions have been growing rapidly in India and there is no doubt that in such transactions allocating the risk of a breach is extremely important.
Dr Vedula Gopinath Corporate Consultant
The doctrine Uberrimae Fidei is originated from English law to the formation of insurance contract. Principle of Uberrimae fidei (a Latin phrase), or in simple English words, the Principle of Utmost Good Faith, ...
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