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
Basics of Insurance
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.
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.
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...
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.
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.
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...
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.
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.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English