IRDAI issues exposure draft on compensating shareholder on merger of insurers

IRDAI issues exposure draft on compensating shareholder on merger of insurers "...compensation to the shareholders whose rights against the acquiring insurer has been reduced...shall be paid based on the residual value of the assets," said the exposure draft on which the Insurance Regulatory and Development Authority of India (IRDAI) has invited comments from the stakeholders by November 20.

from Moneycontrol Economy News https://ift.tt/3eHhnBu

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