ICICI Lombard General Insurance Company Legal & Regulatory
ICICI Lombard received an IRDAI order levying a ₹1 Crore penalty for outsourcing non-compliance. The company states no operational impact beyond the stated penalty.
- Value
- ₹1.00 Cr
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ICICI Lombard received an IRDAI order levying a ₹1 Crore penalty for outsourcing non-compliance. The company states no operational impact beyond the stated penalty.
ICICI Lombard received orders from the Hyderabad GST Commissionerate confirming a total demand of ₹3.45 Crore. The company intends to appeal against these orders.
ICICI Lombard reported an erroneous adjustment of a ₹96.96 Crore tax refund against an old demand. The company will initiate legal action to contest this action.
ICICI Lombard received an arbitration award to pay Rs. 77.67 Crore plus interest to an insured party. The company is evaluating legal remedies accordingly.