Karnataka HC Directs Authorities to Not Grant Permission for Construction Near Protected Monuments  ||  Delhi HC Sets Aside Ruling to the Extent of Restraining Indiamart to Provide ‘PUMA’ Search Option  ||  HP HC Grants Bail to NDPS Accused Citing Delay in Initiating Trial Proceedings  ||  Madras HC: Certification of an Entire Film Cannot be Denied Without Specifying the Objections  ||  J&K HC: Mere Registration of Criminal Case Doesn’t Constitute ‘Criminal Proc.’ for Impounding Passpor  ||  SC Refuses to Entertain Urgent Hearing of Plea Against Felling 875 Trees in HP  ||  SC Refuses to Stop Incineration of Toxic Chemical Waste from Bhopal Gas Tragedy  ||  SC Declines to Interfere with HC’s Order to Decide Schedule for Tiruchendur Temple Consecration  ||  Delhi High Court Grants Interim Relief to Mokobara in Trademark Case  ||  Delhi HC: Students Shouldn’t be Excluded from Admission because of Untimely Declaration of Results    

IRDAI: Enforcement of Share Pledging in Reliance General is Null and Void - (02 Jan 2020)

INSURANCE

Insurance Regulatory and Development Authority of India has cancelled invoking of pledge and transfer of shares of Reliance General Insurance by the trustees as “null and void”. The Authority observed that its prior approval was not taken for the transfer and enforcement of pledge, so it was in violation of applicable provisions of law.

Tags : IRDAI   RELIANCE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved