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Page 2 - Claim Settlement

Sebi settles case of alleged unfair trade practices with individual

Markets regulator Sebi has settled a case with an individual on payment of nearly Rs 46 lakh as settlement amount in relation to alleged violation of certain norms related to prohibition of unfair trade practices. Sebi had received a complaint from Finsec Law Advisors alleging that Pawan N Agarwal and two others had violated certain provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations with respect to trades of its client Aequitas. Aequitas is a Mumbai-based boutique investment firm. "Pursuant to the investigation, it was observed that Pawan N Agarwal... had mirrored certain trades of Aequitas and thereby violated the provisions... PFUTP Regulations," the watchdog said while modifying a recent order through a corrigendum. Earlier, it was alleged that the individual had violated provisions of PFUTP by engaging in front running/ mirror trading of trades. The individual paid Rs 45,99,600 as the settlement amount. Earlier, Sebi order had said the ...

Sebi settles case of alleged unfair trade practices with individual
Updated On : 09 Jul 2023 | 4:04 PM IST

Global health cover comes as a lifesaver for high-flyers: Experts

But examine countries covered and claim settlement mode

Global health cover comes as a lifesaver for high-flyers: Experts
Updated On : 01 Nov 2022 | 11:20 AM IST

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days

This facility will empower MSMEs to manage unwarranted situations arising from any mishaps

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days
Updated On : 28 Jun 2022 | 2:02 AM IST

Sun Pharma, Ranbaxy Inc sign pact with 2 plaintiff groups to settle claims

Sun Pharma said has disputed the claims of the plaintiffs and defended these matters vigorously

Sun Pharma, Ranbaxy Inc sign pact with 2 plaintiff groups to settle claims
Updated On : 23 Mar 2022 | 10:52 PM IST

ICICI Lombard rolls out easy claim process for customers affected by Amphan

The insurer has plans to provide the customers with services in these challenging times wherein Covid-19 is already a significant issue and the cyclone has only made matters worse

ICICI Lombard rolls out easy claim process for customers affected by Amphan
Updated On : 03 Jun 2020 | 12:19 PM IST

From plans to claim settlement: Answers to your insurance-related queries

Ulip is a product which combines the benefits of investment and protection

From plans to claim settlement: Answers to your insurance-related queries
Updated On : 18 Apr 2019 | 12:36 AM IST

No technical pleas to reject claims

The insurer rejected the claim citing delay in intimation. The Commission rejected this argument

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Updated On : 27 Dec 2017 | 11:33 PM IST