Delhi HC: Hymen Rupture is Not Required to Prove Penetrative Sexual Assault under the POCSO Act || Delhi HC: Organised Crime Groups Exploit Juveniles, Misuse Juvenile Justice Laws for Serious Crimes || Patna HC Directs Smooth Lok Adalat For Traffic Challan Settlement, Ensuring Access to Justice || Supreme Court Holds Revenue Records Alone Do Not Confer Title Over Land Ownership || SC: Disciplinary Authority Cannot Punish Employee Without Fresh Show-Cause Notice on New Charges || Supreme Court: No Separate Plea is Needed to Cancel Agreement to Sell For Buyer’s Default || Supreme Court Directs District Collectors to Strictly Implement Solid Waste Management Rules 2026 || Bombay HC: Courts Cannot Mandate Mediation under Mediation Act 2023 Without Mutual Consent || Kerala HC: Embassy NOC Not Required For Indian-Foreigner Marriage under Special Marriage Act || MP High Court: Penalty May Stand if Misconduct is Proven, Even if Inquiry is Vitiated

Review of Foreign Direct Investment policy in Insurance sector- (Ministry of Commerce and Industry) (23 Mar 2016)

MANU/INDP/0006/2016

Insurance

The Central Governments issued amendments to its ‘Consolidated FDI Policy Circular 2015’ to liberalise foreign direct investment in the insurance sector. Insurance companies, brokers, third party administrators, surveyors and loss assessors and other insurance intermediaries can now invite up to 49 per cent FDI in their equity. Foreign investment will be allowed by the automatic route, subject to verification by the IRDA.

Relevant : Indian Insurance Companies (Foreign Investment) Rules, 2015 MANU/FNSV/0003/2015

Tags : INSURANCE FOREIGN DIRECT INVESTMENT LIBERALISE

Share :