| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AEGON RELIGARE LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 2 |
|
|
AVIVA LIFE INSURANCE CO.INDIA LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 3 |
|
|
BAJAJ ALLIANZ LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 4 |
|
|
BHARTI AXA LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 5 |
|
|
BIRLA SUN LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 6 |
|
|
HDFC STANDARD LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 7 |
|
|
ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 8 |
|
|
ING VYSYA LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 9 |
|
|
KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 10 |
|
|
MAX NEW YORK LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 11 |
|
|
METLIFE-INDIA INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 12 |
|
|
RELIANCE LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 13 |
|
|
SBI LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| 14 |
|
|
TATA AIG LIFE INSURANCE CO.LTD.
|
|
|
LAUNCHED UNIT LINKED INSURANCE PRODUCTS (ULIPS) WITHOUT OBTAINING REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI
|
RESTRAINED FROM ISSUING ANY OFFER DOCUMENT, ADVERTISEMENT OR BROCHURE SOLICITING MONEY FROM INVESTORS OR RAISE MONEY FROM INVESTORS BY WAY OF NEW AND/OR ADDITIONAL SUBSCRIPTION FOR ANY PRODUCT (INCLUDING ULIPS) HAVING INVESTMENT COMPONENT IN NATURE OF MUTUAL FUNDS, TILL THEY OBTAIN REQUISITE CERTIFICATE OF REGISTRATION FROM SEBI FROM 09-APR-2010
09-APR-2010
|
IRDA: IRDA VIDE ORDER DATED 10/04/2010 DIRECTED INSURANCE COMPANIES TO NOTE THAT NOT WITHSTANDING SAID ORDER OF SEBI,THEY SHALL CONTINUE TO CARRY OUT INSURANCE BUSINESS AS USUAL INCLUDING OFFERING,MARKETING AND SERVICING ULIPS IN ACCORDANCE WITH INSURANCE ACT,1938,RULES,REGULATIONS AND GUIDELINES ISSUED THEREUNDER BY IRDA
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
