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(HEALTH INSURANCE)REGULATIONS, 2016&2013: Changes you should know

THE INSURANCE REGULATORY & DEVELOPMENT AUTHORITY’s (HEALTH INSURANCE)REGULATIONS, 2016&2013: Changes you should know Insurance, as defined in the Oxford Dictionary,is “An arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium”.[1] A contract whereby, for specified consideration, one party undertakes…

Duties and Responsibilities of Directors under the Indian Companies Act, 2013

Duties and Responsibilities of Directors under the Indian Companies Act, 2013 Introduction The ultimate executive authority controlling the management and affairs of a company vests in the team of directors of the company, collectively known as its Board of Directors. The foundation of board of directors was based on the premise that a group of trustworthy and respectable people should…