Comprehensive Policy/Package Policy and taking note of the circulars issued by IRDA, a Statutory Authority, the Hon'ble Supreme Court, held as follows ... authority of Tariff Advisory Committee (TAC) and Insurance Regulatory and Development Authority (IRDA), reproduced a circular dated 16.11.2009 issued by IRDA to CEOs
insurance broker duly licensed by the
Insurance Regulatory & Development Authority (IRDA) and the
defendant is a company carrying on business of insurance;
(ii) that ... that brokerage at 10% was consistent with the customary
brokerage and IRDA Rules which also permit payment of 10% as
brokerage to brokers;
(vii) that
Advocate for R-1/UOI.
Mr. Arunabh Chaudhary, Advocate for R-2/IRDA.
Mr. Sukumar Pattjoshi with
Mr. Somesh Kumar Dubey, Advocates ... concerning powers and jurisdiction of
the Insurance Regulatory Development Authority (IRDA), Respondent
No.2 herein under Section 64UM of the Insurance Act, 1938 (hereafter
„ Insurance
Development Authority of India
LPA 811/2010 Page 1 of 20
(IRDA); the appellant in the alternative sought a direction to the
respondent ... IRDA to register the appellant under the relevant
provisions of the Insurance Act, 1938 as amended by the Insurance
Regulatory and Development Authority
transaction of the
Motor Insurance Business in India and from 2007 onwards IRDA/Insurance
Regulatory and Development Authority the direction to the insurance
company ... said purpose. Till 31.12.2006 the Tariff
Advisory Committee and, thereafter, from 01.01.2007 IRDA functioned as
the statutory regulatory authorities and they are entitled
transaction of the
Motor Insurance Business in India and from 2007 onwards IRDA/Insurance
Regulatory and Development Authority the direction to the insurance
company ... said purpose. Till 31.12.2006 the Tariff
Advisory Committee and, thereafter, from 01.01.2007 IRDA functioned as
the statutory regulatory authorities and they are entitled
transaction of the
Motor Insurance Business in India and from 2007 onwards IRDA/Insurance
Regulatory and Development Authority the direction to the insurance
company ... said purpose. Till 31.12.2006 the Tariff
Advisory Committee and, thereafter, from 01.01.2007 IRDA functioned as
the statutory regulatory authorities and they are entitled
The Branch Manager vs Smt.Gangavva W/O. Channappa Kattimani on 17 February, 2023
Author
The Branch Manager vs Smt.Rajashree @ Rajeshwari W/O ... on 17 February, 2023
Author: S
Smt.Rajashree @ Rajeshwari W/O ... vs Bhimappa S/O Ramappa Banaj on 17 February, 2023