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7.1 The learned advocate further submitted that all the allegations of incompetence leveled by the SILIC are vague and baseless as SBI Life is well-equipped to efficiently cater to the needs of the SILIC's policyholders. It has also contacted policyholders without any privacy or data protection breach. It also possesses an adequate workforce, infrastructure and reach to effectively serve policyholders.

8. We have carefully considered the facts of the case and perused the rival submissions and documents placed on record.