Supreme Court observed that National Commission ought not to have gone beyond the grounds of repudiation of the claim and the matter was remanded to the State Commission for taking a decision afresh on the claim of the appellants on the grounds which formed the basis of repudiation and determine as to whether at the material point of time there was sufficient balance to cover the claim on account of declaration made as regards loss suffered by the appellants.
Supreme Court after applying the law laid down in Judgment of National Insurance Co. Ltd. v Pranay Sethi have reassessed the amount pertaining to compensation and have enhanced the compensation under the head loss of dependency but have deducted the compensation under the head loss of consortium.
Learn about the Supreme Courts landmark judgement on tax exemption for profit-oriented institutions under section 10(23C) of the Income Tax Act.
Learn about the Securities Appellate Tribunal (SAT) and its role as a statutory and autonomous body under the SEBI Act. Understand its jurisdiction, powers, and authority in resolving appeals against orders.
Exposure Draft of IRDAI (Re-insurance) (First Amendment) Regulations, 2022 proposes a. To reduce compliance requirements on submission of Advance Reinsurance programme; b. To revise order of preference while placing the Reinsurance business; c. To increase the cession limits of the cedants while placing business with Cross Border Reinsurers;
COMPETITION COMMISSION OF INDIA PRESS RELEASE Market Study on Film Distribution Chain in India: Key Findings and Observations The Competition Commission of India (the ‘Commission’) released, a report titled ‘Market Study on Film Distribution Chain in India: Key Findings and Observations’, today. The study highlights some of the key competition issues in the film distribution […]
PFRDA Request for Proposal for Appointment of Chartered Accountant/ Cost Accountant Firm as Internal Auditor of PFRDA for F.Y.2022-23
Learn about the format of Memorandum of Association for a Producer Company under the Companies Act, 2013. Understand the main objects and activities of a Producer Company.
Understand the format of Article of Association for a producer company. Learn about the key definitions and terms used in these articles.
J&K HC while dismissing the writ petition observed that there was an alternative remedy provided under Section 17 of the SARFAESI Act and the issue raised by the petitioner is a disputed question of fact that cannot adjudicated upon in the writ petition.
