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GENUINE CLAIMANTS
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...- Family pension denied to daughter over divorce timing; Tripura High Court ruling explainedA daughter has been denied her father's family pension by the Tripura High Court. She divorced her husband after her father's passing. The ...
- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
- Property partition after owner’s death: A guide for legal heirs to divide assetsPartition of a property means the legal division of jointly owned property among co-owners or legal heirs, severing joint occupancy into in...
- Pahalgam tragedy: LIC announces special window for death claim settlements, how to file a death claim with LICPahalgam Terror Attack: Life Insurance Corporation of India has expressed grief over the loss of lives in Pahalgam and announced a special ...
- ED restores assets worth over ₹16,000 croreThe Enforcement Directorate (ED) aims to expedite the restoration of assets to victims defrauded under the Prevention of Money Laundering A...
- Investor Education and Protection Fund Authority draws plans to expedite investor claim settlementsSecurities, dividends and debentures that remain unclaimed for more than seven years are transferred by companies to the IEPFA under the co...
- ED returns 78 flats worth Rs 20 crore to SRS homebuyers; Rs 2,215 crore in properties to followThe Enforcement Directorate (ED) has returned 78 flats valued at over Rs 20 crore to homebuyers affected by the SRS Group's projects in Gur...
- Unclaimed compensation lying with MACTs & labour courts a pan-India issue: SCThe Supreme Court addressed the issue of unclaimed compensation lying with Motor Accident Claims Tribunals and labour courts nationwide. Ju...
- New rule for EPF death claim: Now physical claims can be processed without seeding AadhaarEPF death claim: The EPFO stated that it has received specific references from field offices indicating that they are unable to seed and au...
- MCA mulls faster transfer of old unclaimed shares to beneficiariesThe corporate affairs ministry is considering a faster method for transferring shares, dividends, and matured debentures in inactive accoun...
- Sahara-Sebi refund account may be transferred to governmentThe Supreme Court, in 2012, upheld an order by the Securities and Exchange Board of India (Sebi), and directed group entities Sahara India ...
- Interest rate on unclaimed funds lying with banks cut to 3.5% from 4%Any amount remaining unclaimed for more than ten years shall be credited to the Depositor Education and Awareness Fund.
- How to make a death claim in life insurance policyThe family or nominee of the insured is required to carry out the mandated procedure to receive insurance claim. Here are the steps that ne...
- How to claim unclaimed deposits from banksRBI has mandated banks to publish a list of inactive accounts for 10 years or more on the bank’s website. It is possible for the depositor ...
- Inoperative account norms should be strictly followed: EPFOEPFO has asked its field formations to strictly follow guidelines while settling claims out of inoperative accounts in order to reduce the ...
- Unclaimed money: Rights and wrongsThe sum with mutual funds will easily be of the same scale but I don’t have updated numbers yet. The total cumulated sum is bound to be muc...
- RBI direct banks to disclose the list of unclaimedThe Reserve Bank of India (RBI) has directed banks to disclose the list of unclaimed and inoperative deposit account holders.
- Six steps to ensure a hassle-free settlement of insurance claimIt can be agonising if the insurance claim, filed by the nominee is rejected by the insurer, leaving the bereaved unequipped to deal with t...
- Some claimants not entitled to compensation for '93 riotsThe Maharashtra government has told the Supreme Court that some claimants of compensation for the 1992-93 riots are not entitled for suppor...
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