Life Insurance Corporation of India

The Anatomy of Section 29 : A Legal Autopsy

"The Anatomy of Section 29  : A Legal Autopsy " by R. Sridhar Head - India, Labour Relations, Caterpillar India Private Limited  Section 19 (2) of the Industrial Disputes Act (hereinafter referred to as the Act) deals with the period of operation of settlement which reads as follows: Such settlement shall be binding for such… Read More

Tags: Arbitration awardIndiaIndustrial Disputes Act 1947Labour lawLawLife Insurance Corporation of IndiasettlementSupreme Court

Unclaimed Money with Insurance Companies

The Insurance Regulatory and Development Authority (IRDA) have informed that as on 31st December 2012, the unclaimed money of policyholders with Life Insurance Corporation of India was Rs.732.67 crores. For the other life insurance companies and non-life insurance companies, the unclaimed money of policyholders was Rs. 3122.68 crores and Rs.1010.46 crores respectively, as on 31st… Read More

Tags: GovernmentInsuranceInsurance Regulatory and Development AuthorityIRDALife insuranceLife Insurance Corporation of IndiaRajya SabhaRupee

Il&FS Infrastructure Debt Fund Signs MoU with eight Public Sector Banks

Il&FS Infrastructure Debt Fund Signs MoU with eight Public Sector Banks; need for more than one Trillion Us Dollars for Infrastructure Sector in Next Five Years; Government And Private Sector to Contribute Fifty Percent Each  IL&FS Infra Asset Management Limited (IAML), an Asset Management Company (AMC) promoted by IL&FS Financial Services Limited (IFIN) to manage… Read More

Tags: Central Bank of IndiaFinance MinistryIndiaInfrastructure Leasing & Financial ServicesLife Insurance Corporation of IndiaMemorandum of understandingMumbaiOriental Bank of Commerce

Action against Various Officers/Employees for Violation of Banking Norms and Regulations

In connection with Cobrapost, Red Spider 2 Expose which was released yesterday, Shri Rajiv Takru, Secretary, Department of Financial Services (DFS), Ministry of Finance had asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) and Life Insurance Corporation (LIC) of India for an immediate action in the matter. Beside above, the… Read More

Tags: BankCobrapostFinancial servicesIndiaInsuranceLife Insurance Corporation of Indiamoney launderingPublic sector

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates