Section 25 of IRDAI Act : Section 25: Establishment Of Insurance Advisory Committee
IRDAI Act
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Explanation using Example
Imagine a scenario where the Insurance Regulatory and Development Authority (IRDA) is considering new regulations to enhance consumer protection in the insurance sector. To ensure a comprehensive perspective is taken into account, IRDA decides to establish the Insurance Advisory Committee as per Section 25 of the Insurance Regulatory and Development Authority Act, 1999.
The Committee includes repr...
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