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  • Article

    AKP Banking & Finance Digest- March 18, 2024

    In response to concerns over credit card misuse, the Reserve Bank of India ("RBI") is cracking down on peer-to-peer ("P2P") credit card...
    IndiaCorporate/Commercial Law
    AK & Partners
    AK & Partners
  • Article

    Navigating GIFT-City: Key FAQs For IIOs

    The International Financial Services Centre (IFSC) in GIFT-City, Gujarat, is quickly emerging as a global hub for financial and insurance services. As more International Insurance Offices (IIOs) set up operations...
    IndiaFinance and Banking
    Tuli & Co
    Tuli & Co
Article

Understanding Agency In Insurance Law: Whether The Insurance Broker Is An Agent Of The Insured Or The Insurer

It is frequently assumed that insurance brokers and insurance agents occupy the same role, and the two terms are often used interchangeably in common parlance. However, each role is legally and functionally distinct and serves different stakeholders in the insurance sector.
IndiaInsurance
Solaris Legal
Solaris Legal
  • Article

    Surviving Member Certificate (SMC) In Delhi, India: A Comprehensive Guide

    A Surviving Member Certificate (SMC) is a crucial legal document issued by the government authorities, specifically by the Office of the Sub-Divisional Magistrate in Delhi.
    IndiaFamily and Matrimonial
    Century Law Firm
    Century Law Firm
  • Article

    Report On The First Raj Anand Intellectual Property Moot Court Report

    IndiaMedia, Telecoms, IT, Entertainment
    Anand & Anand
    Anand & Anand
  • Article

    The Nominee Conundrum: Legal Status, Sectoral Divergences, And The Quest For Consistency

    In India's complex inheritance landscape, the law and jurisprudence concerning life insurance nominations have become increasingly dissonant.
    IndiaInsurance
    White & Brief – Advocate and Solicitors
    White & Brief – Advocate and Solicitors
  • Article

    Insurance Regulatory Round-up: 2020

    With the widespread impact of the COVID-19 pandemic and several regulatory changes being introduced (as well as proposed) by the Insurance Regulatory and Development Authority of India.
    IndiaCoronavirus (COVID-19)
    Tuli & Co
    Tuli & Co
  • Article

    Competition Concerns In IRDAI’s Consultation Paper On Recalibrating Insurance Distribution

    IRDAI’s Consultation Paper on Recalibrating Economics of Insurance Distribution aims to strengthen competition in insurance distribution. This article argues that some of its proposals amount to differential treatment of distributors performing the same activity. Such treatment may weaken competition on merits, reduce customer choice and run against IRDAI’s own principle of ‘same activity, same regulation’.
    IndiaAntitrust/Competition Law
    Corporate Professionals - Advisors & Advocates
    Corporate Professionals - Advisors & Advocates
  • Article

    Guidelines On Private Equity Investment In Insurance Companies

    On 5 December 2017, the Insurance Regulatory and Development Authority of India (IRDAI) published a set of guidelines to regulate private equity investment in insurance companies - the IRDAI (Investment by Private Equity Funds in Indian Insurance Companies) Guidelines 2017 (Guidelines).
    IndiaInsurance
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Global Expansion Update - October 2018

    On 27 August 2018, the Kenyan Department of Immigration issued a new directive stating that it will increase its control over the requirement for foreign nationals, seeking to work in Kenya, to apply for a work permit prior to entry into the country.
    GlobalTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    GIFT City Newsletter | June 2026

    This comprehensive newsletter examines the regulatory evolution and market expansion of India's GIFT IFSC during June 2026, covering significant developments across banking, capital markets, insurance, fintech, and cross-border financial services.
    IndiaFinance and Banking
    Dentons
    Dentons
  • Article

    India’s 2026 FDI Regulatory Overhaul: A Critical Legal Analysis Of FEMA (NDI) Amendments, And The SOP Framework

    In the wake of the COVID-19 pandemic, the Department for Promotion of Industry and Internal Trade (“DPIIT”) had issued Press Note 3 of 2020 (“PN3”), mandating prior Government approval for investments originating from entities or citizens of countries sharing land borders with India (“LBCs”), or where the beneficial owner of the investment was situated in or was a citizen of such countries.
    IndiaGovernment, Public Sector
    Saga Legal
    Saga Legal
  • Article

    IRDAI's Update On Turnaround Times For Insurance Companies

    The IRDAI has introduced a new regulatory framework that streamlines turnaround times for the various activities and services conducted by Indian Insurance Companies, replacing the previous regulatory regime.
    IndiaInsurance
    Tuli & Co
    Tuli & Co
  • Article

    A Brief Guide To Labour And Industrial Laws Of India

    "Labour" is a subject in the "Concurrent List" under the Constitution of India where both the Central and State Governments are competent to enact legislations subject, however, to reservation of certain matters...
    IndiaEmployment and HR
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    GIFT City Newsletter | April 2026

    GIFT IFSC, India's first international financial services centre, continues its rapid evolution as a globally competitive financial hub under the unified regulation of IFSCA. Recent developments span critical regulatory frameworks for capital raising, aircraft leasing SPVs, cybersecurity mandates for market infrastructure, pension fund regulations, and landmark approvals including India's first foreign family office registration.
    IndiaFinance and Banking
    Dentons
    Dentons
  • Article

    Beyond Complaint Resolution: The Evolution Of The Insurance Grievance Redressal Framework

    While the insurance regulatory framework was considerably revised in 2024, the revised framework did not introduce grievance redressal as a new regulatory requirement. What has changed, however, is the manner in which these requirements are articulated.
    IndiaInsurance
    Tuli & Co
    Tuli & Co
  • Article

    100% FDI In Insurance Companies And Insurance Intermediaries In India FEMA Framework, Regulatory Evolution, Investment Structuring And Strategic Implications

    The Government of India has, with effect from 5 February 2026, permitted 100% foreign direct investment (FDI) in Indian insurance companies and insurance intermediaries.
    IndiaGovernment, Public Sector
    AK & Partners
    AK & Partners
  • Article

    Overhaul Of India’s Land-Border FDI Rules: Legal Certainty, Control Tests And The New Compliance Landscape

    Issued by the Department for Promotion of Industry and Internal Trade (“DPIIT”) in April 2020, Press Note 3 required prior Government approval for investments coming from countries sharing a land border with India, as well as investments where the beneficial owner was connected to such jurisdictions.
    IndiaGovernment, Public Sector
    Legitpro Law
    Legitpro Law
  • Article

    Indirect Tax | July 2024

    In the case of Graziano Trasmissioni vs. Goods And Services Tax & 5 Ors, the Allahabad HC dismissed a batch of petitions challenging the validity of the Notifications wherein the statutory timelines for issuance of assessment orders ...
    IndiaTax
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Fintech Laws In India - A Primer

    Banks and other financial institutions have always been at the forefront of technology usage for their business purposes.
    IndiaTechnology
    Argus Partners
    Argus Partners
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