'No Tearing Hurry': SAT Stays IRDAI's Order To Transfer Sahara India Life Biz To SBI Life Insurance
Staying the IRDAI's June 2 order transferring the life insurance business of Sahara India Life to SBI Life, the SAT said: "... we find it strange that such steps have been taken after a gap of 5 years and that too without granting an opportunity of hearing."
Jun 14, 2023, 14:26 PM ISTSahara India Life Merging With SBI Life? Here Is All You Want To Know
This is not a merger between the two companies but only a transfer of the policyholder related assets and liabilities of Sahara Life Insurance to SBI Life, the company said.
Jun 05, 2023, 09:12 AM ISTSAT stays IRDAI order on Sahara Life for a week
Giving a week's relief to Sahara India Life Insurance (SILIC), the Securities Appellate Tribunal (SAT) today stayed the IRDAI decision to sell the business of the Sahara group company to ICICI Prudential Life Insurance.
Jul 31, 2017, 18:19 PM ISTIrda fines Sahara India Life Insurance for violating norms
Regulator Irda has imposed Rs 5 lakh penalty on Sahara India Life Insurance Company Ltd for non-compliance of social sector obligations in 2012-13.
Jul 24, 2014, 22:46 PM IST