Supreme Court: Calling Someone ‘Bastard’ In Heated Exchange Isn’t Obscenity under IPC Section 294  ||  Supreme Court: Even a Single Tainted Public Work Award Violates Article 14  ||  Supreme Court Upholds Lease Cancellation, Denies Relief for Failure to Develop Allotted Land  ||  Supreme Court Quashes Medical Negligence Case, Says Surgeon Best Placed To Choose Procedure  ||  Supreme Court: Sajjadanashin of a Dargah and Mutawalli of a Waqf are Distinct Roles  ||  Supreme Court: Criminal Proceedings Can be Quashed if Reliable Evidence Disproves Allegations  ||  Delhi HC: Promises by CM at Press Conferences are Not Legally Enforceable Without Policy Support  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  J&K&L HC: Historical Books Cannot Establish Private Property Titles under Section 57 Evidence Act    

Compat Reduces Penalty to Rs 2 cr in a Major Relief to State Insurers - (12 Dec 2016)

In a major relief to four state- run insurers namely National Insurance, New India Assurance, Oriental Insurance and United India Insurance Competition Appellate Tribunal has slashed the Rs 671 crore penalty imposed on them by CCI to a mere Rs 2 crore, saying the burden of fine will be transferred to public as these entities are owned by the Government.

Tags : COMPAT   PENALTY   STATE INSURERS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved