If you are an Existing User, please enter your Username & Password below

Forgot Password?

Are you a New User? Click here to enrol

close

Click here to visit old website
Co-Sponsors

SOURCE OF INFORMATION : INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA WEBSITE
PERIOD COVERED : 16-AUG-2002 TO 21-NOV-2024

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

INSURANCE BROKER: DID NOT HAVE ADEQUATE INTERNAL CONTROLS & SYSTEMS

S.No. ENTITY  PERSONS  REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person ATHENA INSURANCE & REINSURANCE BROKERS PVT.LTD.  
  DID NOT DISCLOSE MATERIAL FACTS IN APPLICATION SUBMITTED TO OBTAIN LICENCE

DID NOT RECOVER PREMIUMS PAID ON BEHALF OF CLIENT AND WRITTEN OFF AS BAD DEBTS

DID NOT HAVE ADEQUATE INTERNAL CONTROLS AND SYSTEMS   		REJECTED APPLICATION FOR RENEWAL OF COMPOSITE BROKING LICENSE

08-JUL-2011 		IRDA VIDE ITS ORDER DATED 17/11/2011 ORDERED TO RENEW COMPOSITE BROKING LICENSE FOR FURTHER PERIOD OF THREE YEARS WITH EFFECT FROM 09/06/2009 ON COLLECTION OF FINE OF RS.5 LACS  
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

This website is not comprehensive and is being updated on a regular basis. Users are requested to carefully look at the formats and the information about the coverage period that appears on search results pages.

DISCLAIMER BY NSE

NSE is the co-sponsor of this website and supportive of the initiative taken for protection of interest of investors by Praxis Consulting & Information Services Pvt.Ltd. (PRAXIS), the creator of this website. However, NSE bear no responsibility for the views/information that is available on this website and as responsibility of the contents of this website solely rests with PRAXIS. NSE shall not be responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to or reliance on any information available on this website. Investors/visitors of this website are also advised to read through the other general disclaimer(s) and terms and conditions available on this website before using the website.

Site designed and maintained by watchoutinvestors.com
© PRIME DATABASE GROUP 2004-2024
No part of this site may be reproduced without the explicit permission of the owners.

top