High Court of Karnataka Quashes Circular Amending Fire Tariff for Electronic Software Units — Circular Held Ultra Vires for Lack of Consultation with IRDA. Tariff Advisory Committee's substitution of 'Electronic Software Park' with 'Electronic Software Units' in All India Fire Tariff struck down as it was issued without prior consultation with the Insurance Regulatory Development Authority as required under Section 64UC of the Insurance Act, 1938.
27 Nov 2015The petitioners, Infosys Technologies Ltd. and Wipro Limited, along with their officers, challenged a circular dated 07.04.2003 issued by the Tariff A...




