Warnings and Penalties

Warnings and Penalties

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Non-Archived Opening of New Places of Business in violation of Section 64VC oflnsurance 28-12-2007 Opening of New Places of Business in violation of Section 64VC oflnsurance Act, 1938. INS VYSYA Life
Non-Archived Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of th 10-09-2007 Imposing a penalty of Rs. 5.00 Lacs on the insurer under Section 105B of the Insurance Act, 1938 Shriram Life
Non-Archived Imposing a penalty of Rs. 5.00 Lacs on the insurer for violation of Section, Sep 2007 10-09-2007 Imposing a penalty of Rs. 5.00 Lacs on the insurer for violation of Section 32B of the Insurance Act, 1938 New India Assurance
Non-Archived Imposing a penalty of Rs. 5.00 Lacs on the insurer for violation of Section 21-08-2007 Imposing a penalty of Rs. 5.00 Lacs on the insurer for violation of Section 64VC of the Insurance Act, 1938 Bajaj Allianz Life
Non-Archived Insurer warned for violation of certain guidelines issued by the Authority 04-07-2007 Insurer warned for violation of certain guidelines issued by the Authority and advised to refrain from the same in future Metlife India
Non-Archived The matter of M/s J.P. Exports, Renigunta 01-02-2007 The matter of M/s J.P. Exports, Renigunta IRDA/LEGAL/ORD/01/06-07