Monday, October 4, 2021

Delhi HC sets aside insurer appointments by BBB

The Delhi high court has set aside appointments made by the Bank Board Bureau (BBB) in public sector general insurance companies stating that the same is ultra vires of the Banking Companies Act 1980. The order could have implications for the board’s role in the selection of senior management for the insurance industry.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3oukBzv

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