IRDAI vide Circular dated 15-05-2023 has issued Modification of Surety Insurance Guidelines. It is directed that where the solvency margin of an insurer falls below the specified threshold limit at any point of time, the insurer shall stop underwriting new Surety Insurance business until its solvency margin is restored to above the threshold limit.
The limit of guarantee shall not exceed 30 percent of the contract value.
The Joint Electricity Regulatory Commission (JERC) has announced the Consumer Grievances Redressal Forum and Ombudsman Regulations, 2024, which supersedes the 2019 regulations. Under these new
The Karnataka Electricity Regulatory Commission (KERC) has introduced guidelines to upgrade existing digital/static energy meters with smart modules, optimizing their functionality and extending their usefulness.
The Ministry of Labour and Employment has released notifications dated 14th June 2024, which announce the revised rates of damages applicable to employer defaults under
The Finance (Expenditure-I) Department of Delhi has issued a notification regarding the enforcement of provisions under the Delhi Goods and Services Tax (Second Amendment) Act,
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