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Judgment Search Results Home > Cases Phrase: insurance regulatory authority act 1999 Page 1 of about 24,327 results (0.111 seconds)

Mar 22 2007 (HC)

insure Policy Plus Services (India) Pvt. Ltd., a Company Registered Un ...

Court : Mumbai

Reported in : 2007(3)ALLMR462; 2007(3)BomCR98; (2007)109BOMLR559; [2007]79SCL583(Bom)

..... monopoly on life insurance business. consequent thereupon various private companies are in the business of ..... issuing life insurance policies. under section 43 of the life insurance act, only certain provisions were made applicable ..... 8. an amendment to the act, came to be introduced by act 41 of 1999, which introduced section 30a, whereby the exclusive privilege of carrying on life insurance business given to the corporation, ceased from the commencement of the insurance regulatory and development authority act, 1999, hereinafter known as insurance regulatory act. the corporation which was carrying on life insurance business in accordance with the provisions of the insurance act, 1938, ceased to have .....

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Dec 05 2003 (HC)

United India Insurance Company Ltd. Vs. Mohanlal Aggarwal

Court : Gujarat

Reported in : 2004ACJ1657

..... the act of 1972, the exclusive privilege of the gic and ..... the rules made thereunder to carry out the purposes of the act.17.2 in the exercise of its powers under section 114a(2)(zc) of the insurance act, 1938 read with sections 14 and 26 of the irda act, 1999, the authority, in consultation with the insurance advisory committee, has made the regulations known as 'insurance regulatory and development authority (protection of policy holders' interests) regulations, 2002. the word `cover ..... subsidiary companies of the gic : (1) national insurance company limited, (2) the new india assurance company limited, (3) the oriental insurance company limited, and (4) united india insurance company limited. the next landmark happened on 19th april 2000, when the insurance regulatory and development authority act, 1999 (irdaa) came into force. this act also introduced amendments to act of 1972 and the insurance act of 1938. by insertion of section 24a in .....

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May 16 2008 (SC)

United India Insurance Company Limited Vs. Manubhai Dharmasinhbhai Gaj ...

Court : Supreme Court of India

Reported in : 2008ACJ2399; 2008(5)ALLMR(SC)928; (2008)3CALLT1(SC); (2008)3GLR2356(SC); (2008)5MLJ1006(SC); (2008)151PLR644; 2008(7)SCALE377; (2008)10SCC404; 2008AIRSCW7532; AIR2009SC446; 2008AIRSCW7532

..... 24a in the 1972 act directing cessation of the exclusive privilege of the corporation and the acquiring companies in relation thereto. in exercise of the powers ..... far as may be on business principles and where any directions have been issued by the central government or the insurance regulatory and development authority established under sub-section (1) of section 3 of the insurance regulatory and development authority act, 1999 (41 of 1999) shall be guided by such directions.(4) ...15. `prospects' has been defined in the regulation 2(1)(e) of the 2002 regulations to mean ..... are governed by the insurance act, 1938 (for short the 1938 act). in terms of the provisions of the said act, an authority known as insurance regulatory and development authority (the authority) was constituted by the central government in exercise of its power conferred upon it by clause 2(c) of section 114 of the 1938 act.the parliament also enacted the insurance regulatory and development authority act, 1999. by the 1999 act the parliament inserted section .....

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Mar 26 2007 (HC)

All Kerala Bus Operators Organisation and Etc. Etc. Vs. Insurance Regu ...

Court : Kerala

Reported in : AIR2007Ker208

..... decision dated 4-12-2006, there is no tac decision fixing the tariff in terms of section 64uc of the insurance act.5. coming to the provisions of the insurance regulatory and development authority act, 1999, it can be seen that section 14(2)(i) of that act provides that without prejudice to the generality of the provisions contained in sub-section (1) of section 14, the ..... powers and functions of the irda shall include control and regulation of the rates that may be offered by insurers in respect of general insurance business not ..... , the rates, terms, conditions and regulations applicable to the said classes of business were to be regulated by the insurance regulatory and development authority, hereinafter, the 'irda' for short, with effect from 1-1-2007. petitioners also challenge the decision of the irda by which the tariff was fixed by them. i may at once notice that during the pendency of these writ ..... to whether the tac is obliged to formulate the tariff rates to govern the aforesaid insurance policies and as to whether the irda has the power to fix the rates.4. the tac is constituted under section 64(1) of the insurance act, 1938. part 1 ib of the insurance act, consisting of sections 64u to 64um relates to tariff advisory committee and control of .....

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May 23 2006 (HC)

Purnima Prasad and ors. Vs. the Oriental Insurance Company Limited and ...

Court : Patna

..... the insurance industry, and was in force in 2002. under section 32 of the ..... affidavit that section 24 of the general insurance business (nationalisation) act 1972 (hereinafter referred to as the '1972 act') provided that the corporation and acquiring companies including the respondent company shall have exclusive privilege of carrying on general insurance business in india. the insurance regulatory and development authority act 1999 (hereinafter referred to as the '1999 act') was enacted by the parliament for establishment of authority to protect the interest of holders ..... of insurance policies to regulate, promote, and ensure orderly growth of .....

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Sep 07 2007 (HC)

Police Officers' Association, Adilabad Unit rep. by Its President M.A. ...

Court : Andhra Pradesh

Reported in : 2008(1)ALT772

..... policy without any justifiable grounds. it is expected of a nationalized organization doing insurance business to properly protect the interest of the insured persons. the insurance regulatory and development authority act, 1999 (act 41 of 1999) came into force from 19-4-2000. under section 14(2)(b) of the said act, the authority constituted under the act is competent to issue necessary regulations for protection of the interests of the policy ..... holders. consequently, the insurance regulatory and development authority (protection of policy holders' interest) regulation, 2001 was issued ..... laying down what conditions need be stated in a life insurance .....

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Dec 12 2003 (HC)

Mr. Ashit Kapur Vs. Union of India (Uoi) and ors.

Court : Delhi

Reported in : AIR2004Delhi203; 109(2004)DLT224; 2004(72)DRJ652; (2004)137PLR23; [2004]51SCL187(Delhi)

..... as the irda) and even the said act was amended. pursuant to the said amendment and the coming into effect of ..... the irda, the insurance surveyors and loss assessors (licensing, professional requirements and code ..... is with regard to the categorisation of insurance surveyors and loss assessors and particularly those with regard to motor insurance claims. 3. the petitioners in each of the writ petitions are insurance surveyors/loss assessors. originally, under the insurance act, 1938 (hereinafter referred to as the said act) there were no categorisation of insurance surveyors / loss assessors. subsequently, the insurance regulatory and development authority act, 1999 came into effect (hereinafter referred to .....

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Nov 13 2006 (HC)

All India State Bank Officers Federation and State Bank of India Offic ...

Court : Mumbai

Reported in : (2006)206CTR(Bom)562; [2007]288ITR614(Bom)

..... and development authority established under sub-section (1) of section 3 of the insurance regulatory and development authority act, 1999 (41 of 1999) for the purposes of section 80d; (v) any sum paid by the employer in respect of any expenditure actually incurred by the employee ..... employer in relation to any employee, to effect or to keep in force an insurance on the health of such employee under any scheme approved by the central government or the insurance regulatory and development authority established under sub-section (1) of section 3 of the insurance regulatory and development authority act, 1999 (41 of 1999) for the purposes of clause (ib) of sub-section (1) of section 36;( ..... iv) any sum paid by the employer in respect of any premium paid by the employee to effect or to keep in force an insurance on his health or the health of any member of ..... his family under any scheme approved by the central government or the insurance regulatory .....

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Jan 07 2005 (HC)

Shri Mukut Lal Duggal Vs. United India Insurance Co. Ltd.

Court : Delhi

Reported in : 2006ACJ1576; 117(2004)DLT74; 2005(82)DRJ70; (2005)141PLR10

..... the act of 1972, by general insurance business (nationalization) amendment act, 2002 all the shares in the capital of these ..... fully owned subsidiary companies of the gic (1) national insurance company limited, (2) the new india assurance company limited (3) te oriental insurance company limited, and (4) united india insurance company limited. the next landmark happened on 19th april 2000, when the insurance regulatory and development authority act, 1999 (irdaa) came into force. this act also introduced amendments to act of 1972, the exclusive privilege of the gic and its ..... subsidiaries carrying on general insurance in india was removed. by section 10a inserted in .....

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Apr 03 2008 (SC)

National Insurance Co. Ltd. Vs. General Insurance Dev. Officers Asson. ...

Court : Supreme Court of India

Reported in : AIR2008SC2657; 2008(4)SCALE768; (2008)5SCC472; 2008AIRSCW4438

..... of the insurance industry and gave specific suggestions regarding the working of development officers and other ..... committee report on reforms in the insurance sector'. 16. it is the stand of the respondents that as a matter of fact the report was foundation for introduction of the insurance regulatory and development authority act, 1999 (in short 'irda act'). on the basis of the recommendations amendments were made to the act, life insurance (business nationalization) act, 1956 and the insurance act, 1938 (in short the 'insurance act'). the malhotra committee examined the state ..... reforms inter-alia necessary for the growth of the insurance industry.17. it is pointed out .....

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