IndiaInsurance
3rd July 2011, 02:41 PM
India's insurance regulator may be attempting to override legal provisions while also seeking to prevent promoters from exiting ventures within 10 years of starting operations, experts feel. Their cause of concern is the recent draft guidelines issued by the Insurance Regulatory and Development Authority -- formally titled the IRDA (Issues of Capital and Disclosure Requirements for Life Insurance Companies) Regulations, 2011.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/proposed-new-insurance-norms-may-adversely-impact-mergers/articleshow/9086892.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/proposed-new-insurance-norms-may-adversely-impact-mergers/articleshow/9086892.cms)