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LIC AMENDMENT BILL
LIC may look at composite licence after passage of Insurance Laws (Amendment) BillThe proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...25 Dec, 2022, 02.02 PM IST- SC refuses to grant interim relief on pleas seeking stay on LIC IPO share allotmentThe Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a ba...12 May, 2022, 07.59 PM IST
- HC refuses to grant relief to policyholders on LIC DRHP stayThe division bench of Justice Gautam Patel and Justice MJ Jamdar, however, clarified that any public issue that LIC proceeds with will be s...19 Apr, 2022, 05.59 AM IST
- HC rejects plea against disinvestmentThe Madras High Court has rejected a PIL plea challenging the amendments made in the Finance Act and LIC Act, which enabled the central gov...23 Mar, 2022, 01.18 PM IST
- Hold an LIC policy? Smile! You will have a quota in the IPO"In the Finance Bill 2021-22, it has been proposed to have a reservation on a competitive basis, to an extent of up to 10 per cent of the i...10 Feb, 2021, 09.42 AM IST
- Govt gets in on the act to prepare LIC for FY22 listingThese statutory amendments, made public in the Finance Bill on Monday after the budget, will enable the life insurer to comply with key lis...03 Feb, 2021, 08.00 AM IST
- LIC IPO to happen after October: DIPAM SecyTargeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the governme...02 Feb, 2021, 06.09 PM IST
- Two things about Modi's LIC move leave many MPs curiousThe FM said in her budget speech that the govt proposes to sell a part of its holding in LIC through an IPO.06 Feb, 2020, 11.13 AM IST
- LIC (Amendment) Bill 2009 passed in the Lok SabhaLife Insurance Corporation (Amendment) Bill 2009 was passed in the Lok Sabha amongst opposition from key parties and a walk out by the Left...12 Dec, 2011, 09.03 PM IST
- Finance Minister Pranab Mukherjee disappointed over slow pace of legislative business in ParliamentThe Parliament could not transact any legislative business today on account of disruptions over the issue of appointment of Lokayukta in Gu...30 Aug, 2011, 06.53 PM IST
- AIIEA asks Centre to withdraw LIC Amendment BillAIIEA has asked Centre to withdraw the proposed LIC Amendment Bill (2009 & Insurance Law Bill, failing which it would go on agitation28 Aug, 2011, 03.21 PM IST
- Sovereign guarantee for all policies issued by LIC will continueThe insurer also gets to regulate the terms and conditions of its agents and recruitment procedure for employees and agents.27 Jul, 2011, 04.07 AM IST
- Par panel to soon give recommendation on Insurance Bill: FinminThe Finance Ministry today said the Parliamentary panel is expected to give recommendations soon on the insurance amendment Bill.02 Mar, 2011, 09.38 PM IST
- Govt tables Bill to up LIC equity base 20-fold, cap guaranteeThe government on Friday moved a Bill seeking to amend the over 50-year-old Life Insurance Corporation Act in the Lok Sabha.01 Aug, 2009, 01.24 AM IST
- Bills passed without debate amid din over AntulayCrucial bills were either introduced or passed altogether, without any discussion, in the din triggered by minority affairs minister A R An...23 Dec, 2008, 03.49 AM IST
- Govt introduces insurance sector reforms bills in ParliamentGovernment introduced two insurance reforms bills in Parliament aimed at hiking foreign investment cap to 49 per cent and raising the capit...22 Dec, 2008, 06.33 PM IST
- Bill to raise capital of LIC to Rs 100 crore introduced in LSThe government today introduced a bill to raise the minimum capital of the state-owned Life Insurance Corporation (LIC) to Rs 100 crore ami...22 Dec, 2008, 02.40 PM IST
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