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Orders

New Guideline in view of initial signs of surge in Covid-19/Omicron cases

December 27, 2021 525 Views 0 comment Print

Measures that need to be taken in view of initial signs of surge in cases of Covid-19 as well as increased detection of the Variant of Concern (VoC), ‘Omicron’ in different parts of the country.

Maharashtra Govt impose new covid restrictions & Nigh Curfew from today

December 24, 2021 8883 Views 0 comment Print

There shall be a ban on any assembly of people in groups of more than 5 from 9 PM to 6 AM throughout the state in all public places. i. In case of any activity that is not explicitly covered under these directions, DDMA may decide appropriate restrictions, generally following these principles or on the basis of local situation, as deemed fit. In such situations, DDMA must give adequate Public Notice before making such restrictions applicable.

Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021

December 24, 2021 933 Views 0 comment Print

(1) This order may be called the Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

Refrigerating Appliances (Quality Control) Amendment Order, 2021

December 22, 2021 2352 Views 0 comment Print

(1) This order may be called the Refrigerating Appliances (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

IRDAI penalises ‘Angel Financial Advisors’ for Solicitation by group company

December 22, 2021 1257 Views 0 comment Print

The M/s. Angel Financial Advisors Pvt. Ltd. (CA) submission that the case under the observation is a one off case is not tenable as similar cases of solicitation by Angel Broking is covered under Charge No.1. The CA is cautioned for following sales practice of engaging the group company Angel Brokering. Considering this particular case […]

IRDA cautions PolicyX.com Insurance Web Aggregators Pvt Ltd

December 9, 2021 1455 Views 0 comment Print

The Web Aggregator was not ensuring that the leads generated are concluded within three months of their generation and even then, the Web Aggregator has been paid remuneration from the concerned insurer. It was observed that there were 12,263 cases where the web aggregator received commission for sale of insurance product after three months from the date of lead generation. Same was verified from the lead management system of the WA.

Outsourcing of work by An IRP/RP is violation of IBC, 2016

December 9, 2021 1140 Views 0 comment Print

An IRP / RP is appointed by the AA and is duty bound to conduct CIRP with fairness and diligence and must maintain absolute independence in discharge of his statutory duties without any external influences. The entire resolution process of a CD is dependent on the IRP/ RP who is primarily responsible for efficiently and […]

Air Conditioner and its related Parts, Hermetic Compressors and Temperature Sensing Controls (Quality Control) Amendment Order, 2021

December 8, 2021 1440 Views 0 comment Print

This Order may be called the Air Conditioner and its related Parts, Hermetic Compressors and Temperature Sensing Controls (Quality Control) Amendment Order, 2021.

An IP must refrain from accepting too many assignments

December 7, 2021 879 Views 0 comment Print

The Code of Conduct in the IP Regulations is the grund norm which all IPs are to follow in letter and spirit. Clause 22 of the Code of Conduct provides that an IP must refrain from accepting too many assignments as he may be unable to devote adequate time to each assignment. The processes under […]

Registration of Sale Component of Redevelopment & SRA projects- Documents to be attached

December 7, 2021 2982 Views 0 comment Print

Following documents have to be attached for registration of Sale Component of Redevelopment Projects: Resolution / NoC from Society/Association of residents of the rehabilitation component confirming the Promoter’s rights to undertake the redevelopment project. LoI / NoC / Equivalent Document from the Planning Authority confirming Promoter’s rights to undertake the redevelopment project.

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