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INDEMNITY ISSUES
India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
Selling property in England after the owner's death? Legal heirs may need Probate of Will or Letters of Administration firstLegal heirs in England and Wales require a Grant of Probate or Letters of Administration to sell property and manage a deceased person's es...
SC agrees to hear plea on Rs 500 cr UAE money decree in July as mediation failsThe Supreme Court will hear a plea concerning a Rs 500 crore money decree from a UAE court. Mediation efforts led by former Chief Justice U...
Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...
Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
Greater transparency: No indemnity clause in NPA sale pact between banks and ARCsHigh-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lende...
Indemnity issues may hold up availability of J&J single dose vaccineWhile the drug regulator has given a nod to Biological E to manufacture the vaccine at its plant in Telangana, its launch looks unlikely ti...
Overseas indemnity new hurdle in India rollout of Pfizer Covid vaccineIndia is reluctant to provide such overseas indemnity but is in talks for an early resolution to facilitate the supply of the Pfizer-BioNTe...
‘Indemnity clause must be waived for vaccines distributed via Covax’The programme aims to distribute enough vaccines to protect at least 20% of the population in 92 low- or medium-income countries.
Covid vaccines: Indemnity Issue, here's everything to know about itIndian contract law defines indemnity as: “A contract by which one party promises to save the other from loss caused to him by the contract...
Confusion in Maharashtra over adverse event and indemnityThere is confusion within the Maharashtra authorities about adverse event management and indemnity even as the state waits for vaccine supp...
Irdai sets up panel to draft standard professional indemnity policy for insurance intermediariesInsurance intermediaries such as insurance brokers, insurance web aggregators, and corporate agent are required to take professional indemn...
IRDAI considers allowing life insurers to offer indemnity health insurance plansIndemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hosp...
Startup investors plan for tax demand shieldTweak agreements to include protection against any sudden I-T Dept impositions