Mandatory IIISLA Membership: Beyond CCI Act’s Jurisdiction

Shrikant Ishwar Mendke Vs Insurance Regulatory and Development Authority of India (Competition Commission of India) Mandatory IIISLA Membership for Surveyors, Not falls Under CCI Act IRDAI is a statutory body created under the IRDAI Act, 1999 and IIISLA is a body promoted by IRDAI in the discharge of its functions under Section 14(2) (k) of the IRDAI Act, 1999. Further, membership of IIISLA has been made mandatory by IRDAI for grant and renewal of licences for Surveyors and Loss Assessors. Such functions, being regulatory in nature, are not per se amenable within the jurisdiction of the Compet...