IRDAI issues exposure draft on compensating shareholder on merger of insurers - THEMARKETTRENDZ

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Sunday, 8 November 2020

IRDAI issues exposure draft on compensating shareholder on merger of insurers

Under Section 37A (4A) of the Insurance Act, 1938, the shareholders and members whose rights have been adversely impacted by the scheme of amalgamation or merger would be entitled to compensation.

from Banking/Finance-Industry-Economic Times
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