Articles by FCS Deepak Pratap Singh

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Case Study on Directors & Officers Liability Insurance

Posted by FCS Deepak Pratap Singh 29 August 2023 1869 Views

D & O policies can take different forms, depending on the nature of the organization and the risks it faces, so it's best to seek out an insurance company with deep experience in this specialized field



FAQs: Basics of Insurance

Posted by FCS Deepak Pratap Singh 23 August 2023 1864 Views

Basics of Insurance



Exemption to Section 64VB of the Insurance Act, 1938

Posted by FCS Deepak Pratap Singh 21 July 2023 86174 Views

The provisions of Section 64VB of the Insurance Act, 138 provides that an insurance company will not resume/accept risk unless insurance premium received in advance or before the date of assumption of risk.



Stridhan and its Taxation under Provisions of IT 1961

Posted by FCS Deepak Pratap Singh 10 May 2023 24685 Views

As you are aware that "Stridhan" is known as bride's Pin Money (in England) and peculium (under Roman Law). It is that part of property or wealth which exclusively belongs to women. Our ancestors have recognized the same well before it was recognized by the Romans.



Applicability of Provisions of Limitation Act 1963 on insurance claims

Posted by FCS Deepak Pratap Singh 05 May 2023 9058 Views

As you are aware that the maxim 'ignorantia juris non-excusat,' or 'ignorance of the law is no excuse,' implies that the Court presumes that eve...



Analysis of provisions of Section 45 of Insurance Act, 1938

Posted by FCS Deepak Pratap Singh 04 May 2023 8450 Views

As you are aware that Insurance is a promise made by an insurance company to the insured to indemnify him from financial loss on occurrence of insured risk/s. An Insurance Policy is a contract between insured and the insurance company and based on the principle of good faith.



Some facts related to Stamp Duty on Insurance Policies

Posted by FCS Deepak Pratap Singh 29 April 2023 18708 Views

As you are aware that an Insurance Policy if a contract between an insurance company and the insured. An Insurance Policy/Contract in which insurer promises to indemnify the insured financially loss or damage due to insured risks/perils.



Void Insurance Policies And Refund Of Premium Paid

Posted by FCS Deepak Pratap Singh 27 April 2023 6898 Views

As you are aware that a Contract ,which has no legal validity is a void contract. Same in the case of an Insurance Policy, when an insurer discovers that the In...



Online proficiency self-assessement test for independent directors

Posted by FCS Deepak Pratap Singh 21 April 2023 4633 Views

X has applied to the Indian Institute of Corporate Affairs (IICA) for inclusion of his name in the data bank of independent directors. He is working as a director of X Ltd and Y Ltd, both are unlisted public companies having the paid-up share capital of Rs. 10 crores since last 7 years.



When an insurance policy starts to cover risk

Posted by FCS Deepak Pratap Singh 04 April 2023 8352 Views

As you are aware that Insurance is a contract between insured and insurance company, and it covers injuries /damages due to insured perils/risks. The time of commencement of risk cover is the utmost important in the insurance policy.




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