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Curious case of IRDAI allowing Share Premium as equity capital for ITI Re

by AIP Online Bureau | Dec 22, 2021 | Indian News, Regulation, Reinsurance

“By no stretch of imagination that the share premium amount be taken into account as part of the minimum paid up capital requirement of an insurance or reinsurance company either under the Insurance Act or the Companies Act,” D Varadarajan, a Supreme Court...

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