The COVID-19 pandemic effected Indian Insurance Industry positively. The Pandemic has created awareness among common Indians and they realise the importance of insurance at least health insurance in their lives.
An employee has a pension fund when employed with an organisation. If there is a change of employment from one organisation to another organisation, the employee can carry forward the same account for pension.
It is duty of insurance company to communicate details of terms and conditions of insurance policy to the beneficiaries of insurance.
Every Significant beneficial owner (SBO'er) shall declare the nature of his interest and other particulars to the company, which will in turn maintain the registers and inform the same to the ROC.
The discharge of a contract is characterised as the end of an agreement or an arrangement made by a couple of parties, which results in the failure in performing or playing out the obligations referenced at the hour of making a contract with the acknowledgment of all the parties with free consent.
THE APEX COURT in its recent decision in held that merely labelling a cheque as a security would not obviate its character as an instrument designed to meet a legally enforceable debt or liability.
Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022
If you have bought a second-hand vehicle and got the vehicle registered in your name but have not made any change in the insurance policy, then you will not get the claim if the vehicle meets with an accident.
THE BOMBAY HIGH COURT has refused ad-interim relief to stall the proposed Initial Public Offering (IPO) by the country's oldest and largest insurer –Life Insurance Corporation of India, with a rider that any IPO before the court finally decides the challenge would be subject to the outcome of the petition.
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)