Tag: IRDA

IN CASE OF FAILURE TO DISCLOSE THE EXCLUSION CLAUSES TO THE INSURED AS PER IRDA REGULATIONS, THE INSURER WON’T BE ABLE TO REPUDIATE THE CONTRACT: STATES SC

SC: Insurance Companies requires to be cautious while rejecting claims and cannot take benefit of exclusion clauses in the Insurance Contract The Hon’ble Supreme Court in its recent judgment1 passed on 9th November 2022 held

CCI rejects plea to repeal IRDA (Licensing of Bancassurance Agents) Regulations, 2012

By Balram Patwa In Re Dilip Modwil v. IRDA [Decided on 12 September, 2014] Brief of the case Dilip Modwil (the “Informant”) approached the Competition Commission of India (“Commission”) through an application u/s 19(1)(a) of