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1
100% FDI In Insurance Intermediaries: A Welcome Change
Relaxation of foreign investment limits in the insurance sector has been a subject of much debate over a period of time.
India
3 Oct 2019
2
NCLT Has The Power To Grant Ad-Interim Reliefs Under Rule 11 Of The NCLT Rules 2016: NUI Pulp And Paper Industries Pvt Ltd v Roxcel Trading GmbH
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 ...
India
25 Sep 2019
3
Tackling The Elephant In The Room: Role Of Courts Under The Amended §11 Of The Arbitration & Conciliation Act 1996
§11 of the Arbitration & Conciliation Act 1996 (A&C Act) stipulates the procedure for appointment of arbitrators.
India
24 Sep 2019
4
Notification Of The Regulatory Sandbox Provisions Of IRDAI And RBI
The IRDAI RS Guidelines provide guidance on the operational issues pertaining to the regulatory sandbox.
India
11 Sep 2019
5
A Step Forward: The Arbitration And Conciliation (Amendment) Act 2019
The Arbitration and Conciliation Act 1996 was recently amended by the Arbitration and Conciliation (Amendment) Act 2019 and certain key reforms have been introduced.
India
2 Sep 2019
6
A Dispute Must Exist Prior To Issuance Of Demand Notice Under §8(1) Of The Insolvency And Bankruptcy Code
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.
India
21 Aug 2019
7
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.
India
20 Aug 2019
8
Sorout Mushroom Farm v NIC & Ors: Sanctity Of Insured's Appointment Of Surveyor
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.
India
10 Jul 2019
9
Account Aggregators - Framework On Financial Information Sharing
The individual customer may also export such data in a structured format.
India
1 Jul 2019
10
Insurance Regulatory Round Up, June 2019: The Financial Year Thus Far
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, ...
India
24 Jun 2019
11
Exposure Draft – Guidelines On Conflict Of Interest
The provisions of the Insurance Act 1938 (Insurance Act) provide guidance on certain conflict of interest situations.
India
5 Jun 2019
12
Reliance Life Insurance v Rekhaben Nareshbhai Rathod: Insured's Disclosure Obligation
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.
India
13 May 2019
13
Standardised Health Product For The Indian Insurance Market
All other applicable terms and conditions shall be incorporated in this part.
India
3 May 2019
14
Regulatory Sandbox In The Insurance Sector
The Regulatory Sandbox Report recommends the creation of a core Sandbox Committee.
India
3 May 2019
16
The New Delhi International Arbitration Centre Ordinance 2019 – An Overview
The Bill was passed by the Lok Sabha on 4 January 2019 but it could not be cleared by the Rajya Sabha prior to the expiry of this year's budget session of Parliament.
India
11 Mar 2019
17
Amendment To The IRDAI Insurance Brokers Regulations 2018
By way of an update, the IRDAI has notified the IRDAI (Insurance Brokers) (First Amendment) Regulations 2018 (First Amendment).
India
27 Feb 2019
18
Aadhaar Bill: Impact On Financial Sector
The Aadhaar and Other Laws (Amendment) Bill 2018 (Aadhaar Bill) was recently passed in the Lok Sabha.
India
14 Feb 2019
19
IRDAI Re-insurance Regulations 2018: Overview Of The Key Changes
On 12th December 2018 the IRDAI (Re-insurance) Regulations 2018 (the "2018 Regulations") were notified.
India
9 Jan 2019
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