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Life insurance companies in India held almost Rs 22,237 crore in unclaimed funds at the beginning of the 2023-24 financial year. A special effort by the Insurance Regulatory and Development Authority of India (IRDAI) from June to November 2023 recovered a little over Rs 1,018 crore.The IRDAI initiative revealed difficulties ...
The Madhya Pradesh High Court on Thursday dismissed a public interest litigation (PIL) that had stalled the annual general meeting (AGM) of Religare Enterprises (REL). The division bench, comprising Chief Justice Suresh Kumar Kait and Justice Vivek Jain, ruled that the petitioner was not a shareholder of REL and, therefore, ...
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