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Insurance nominations can’t override personal succession laws: Karnataka HC

Insurance nominations can’t override personal succession laws: Karnataka HC

by AIP Online Bureau | Mar 4, 2025 | Indian News, Life, Non-Life, Policy

Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee’s claim must yield to personal succession laws Bengaluru: In a crucial ruling, the...
Insurance nominations can’t override personal succession laws: Karnataka HC

HC stays special court order directing FIR against ex-Sebi chief Buch, 5 others

by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, Indian News, Regulation

The HC’s judgement came on petitions filed by Buch, three current whole-time SEBI directors – Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney and two BSE officials – Managing Director and Chief Executive Officer Ramamurthy and its...
Insurance nominations can’t override personal succession laws: Karnataka HC

Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts

by AIP Online Bureau | Feb 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

While an investigating agency was fully empowered to conduct an investigation and recommend freezing of the entire account to the bank, the court pointed out, when resorted to such a measure, it must assign reasons. When it comes to small-time vendors, the action...
Insurance nominations can’t override personal succession laws: Karnataka HC

Adhere to timeline for rolling out revised pilot duty norms, Delhi HC tells DGCA

by AIP Online Bureau | Feb 24, 2025 | Indian News, Reinsurance, Workplace/Employee Benefits

The court was hearing pleas filed by Indian Commercial Pilots Association, Indian Pilots Guild and Federation of Indian Pilots relating to DGCA’s revised flight duty time limitations New Delhi: The Delhi High Court on Monday directed the Directorate General of...
Insurance nominations can’t override personal succession laws: Karnataka HC

AI dangerous tool, be it in Chinese or American hands: Delhi HC on plea to ban DeepSeek

by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

The court’s observation came while it was hearing a petition seeking a direction to the Centre to block access to DeepSeek, an AI chatbot developed by Chinese entities, in all forms in India New Delhi: The Delhi High Court observed on Wednesday that artificial...
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