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  • Article

    Maharashtra's Mandatory Insurance Mandate: Literally, No Terms & Conditions Attached

    ​While this progressive step aims to enhance employee protection and operational stability, significant concerns remain unresolved, which could jeopardize the amendment's intent.
    IndiaInsurance
    Saraf and Partners
    Saraf and Partners
  • Article

    Mohan The Elephant: When Evidence And Insurance Brought Justice To Animal Cruelty

    Sometimes, as legal practitioners, our work extends far beyond the technicalities of claims, compensation and allegations.
    IndiaInsurance
    AK & Partners
    AK & Partners
Article

Product Filing Procedures For General Insurance Products: Significant Overhaul Of The File & Use Procedure

Until very recently, the IRDAI's Guidelines on "File and Use" Requirements for General Insurance Products of 28th September 2006 governed the procedures and processes for introducing, modifying and withdrawing general insurance products.
IndiaInsurance
Tuli & Co
Tuli & Co
  • Article

    Title Insurance: New Product For Old Issues

    An analysis of why there are no takers for title insurance and what needs to be done.
    IndiaInsurance
    Kochhar & Co.
    Kochhar & Co.
  • Article

    Impact Of GST Rate Changes On The Health And Pharma Sector

    The GST Council in 56th meeting held in New Delhi on 03.09.2025 introduced significant reforms aimed at making healthcare more affordable and accessible to common man.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    RBI's Revised Framework For Agency Business And Third-Party Product Distribution By NBFC's

    The package comprises two parallel tracks: (a) amendments to the master directions in relation to the undertaking of financial services applicable to each regulated entity respectively; and (b) amendments to the master directions governing responsible business conduct (RBC) applicable to each regulated entity respectively, which introduce comprehensive requirements on advertising, marketing, sale, and conduct, including an express prohibition on compulsory bundling, a codified mis-selling framework with mandatory refunds, and regulation of dark patterns.
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Conformity Of The Health Insurance Policies With The Mental Healthcare Act, 2017

    In the matter of Shikha Nischal v. NICL[i], Hon'ble Justice Prathiba Singh of Delhi High Court vide an order dated April 19, 2021...
    IndiaFood, Drugs, Healthcare, Life Sciences
    Khurana & Khurana, Advocates and IP Attorneys
    Khurana & Khurana, Advocates and IP Attorneys
  • Article

    IRDA’s Money Laundering Notification

    In 2002 the Indian parliament passed the Prevention of Money Laundering Act 2002. The Act is applicable to every banking company, financial institution and intermediary. It extends to the insurance industry as well.
    IndiaGovernment, Public Sector
    Tuli & Co
    Tuli & Co
  • Article

    Oriental Insurance Company v. Mahendra Construction

    A complaint was instituted before the SDRC which allowed the claim of the Insured.
    IndiaInsurance
    Phoenix Legal
    Phoenix Legal
  • Article

    RBI Expands Scope Of Trade Receivables Discounting System (TReDS)

    The Reserve Bank of India ("RBI") by way of notification dated June 7, 2023 ("Notification") has expanded the scope of the Trade Receivables Discounting System...
    IndiaInsurance
    CMS INDUSLAW
    CMS INDUSLAW
  • Article

    Regulatory Compliance Newsletter | August 2024

    This August newsletter covers categories of updates relating to labour, environment and industry laws. Monthly deposit of labour welfare fund in Haryana.
    IndiaCompliance
    Dentons
    Dentons
  • Article

    Supreme Court Holds That The Definition Of "Consumer" Under The Consumer Protection Act, 1986 Includes A Commercial Entity Consuming Goods Or Services For Non-Business Purposes

    The Supreme Court of India has in its recent decision of National Insurance Co. Ltd. v. Harsolia Motors & Ors. held that the definition of "consumer" under Section 2 (1)(d) of the Consumer Protection Act, 1986 ...
    IndiaConsumer Protection
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Video

    Warranty And Indemnity Insurance For M&A Transactions: Frequently Asked Questions (Video)

    Continuing with our series on the importance of Warranty and Indemnity (W&I) Insurance Policies for M&A Transactions, Nandini Seth (Partner) and Dhruv Malhotra (Principal Associate) answer some of the frequently asked questions raised by clients while considering a W&I insurance backed deal.
    IndiaCorporate/Commercial Law
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Directors Receiving Remuneration Are Employees Under The ESI Act, 1948

    The Hon'ble Apex Court in the case of Employee's State Insurance Corporation V. Venus Alloy Pvt. Ltd. on 5th February, 2019 held that Directors of Company, who are receive remuneration, shall come within the purview of ...
    IndiaEmployment and HR
    King, Stubb & Kasiva
    King, Stubb & Kasiva
  • Article

    Differences Between Regulatory Sandbox Provision Of IRDAI, SEBI And RBI

    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.
    IndiaFinance and Banking
    Tuli & Co
    Tuli & Co
  • Article

    74% Foreign Investment In Indian Insurance Companies | Implementation Process Moving Quickly

    The Indian government is moving quickly with the changes needed to implement the increase to the foreign investment cap in Indian insurance companies from 49% to 74%, which was announced...
    IndiaGovernment, Public Sector
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Data Protection In The Indian Insurance Sector – Regulatory Framework Part II

    In the first part of this two part series we discussed about the regulatory frameworks governing insurance companies and insurance intermediaries.
    IndiaInsurance
    Cyril Amarchand Mangaldas
    Cyril Amarchand Mangaldas
  • Article

    Dependents Beyond Legal Heirs Entitled To Compensation: MP High Court

    The Madhya Pradesh High Court, in a recent decision in Smt. Saroj & Others v. Rajendra Prasad Patel & Others, revisited the meaning of "legal representative" under the Motor Vehicles Act, 1988
    IndiaInsurance
    IndiaLaw LLP
    IndiaLaw LLP
  • Article

    Issuance Of Other Forms Of Capital By Indian Insurers: Draft Regulations

    The IRDAI recently released exposure draft regulations titled the IRDAI (Other Forms of Capital) Regulations 2015 (Draft Regulations).
    IndiaInsurance
    Tuli & Co
    Tuli & Co
  • Article

    No Payout For Peril: Supreme Court Says Heirs Can't Claim Insurance For Driver's Own Negligence

    In a case that reinforces a well-settled tort law principle, the Supreme Court of India declined to interfere with a Karnataka High Court decision holding that the legal heirs of a person who dies due to their own rash...
    IndiaInsurance
    IndiaLaw LLP
    IndiaLaw LLP
  • Showing 281–300 of 589 results

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