Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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IRDAI Slaps INR 5 Cr Fine On Policybazaar For Flouting Norms
Corporate ComplianceInsurance
IRDAI has slapped a ₹5 crore fine on Policybazaar for flouting norms. The penalty, which is a significant one, highlights the regulatory body's strict stance on compliance in the insurance sector. The action sends a strong message to all insurance aggregators that they must adhere to all regulations to ensure fair play and protect consumer interests.
