life insurance

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Title: life insurance

Essay Details:

Subject: Business

Author: David S

Date: October 16, 2012

Level:

Grade: A

Length: 10 / 2741

Essay text:

The minimum paid up capital of the company shall be in equity shares amounting to Rs. 1 crore(Rupees One crore only); 4. At no point of time of its functioning the TPA shall have a working capital of less than Rs. 1 crore; 5. At least one of the directors of the TPA shall be a qualified medical doctor registered with the Medical Council of India; 6. The aggregate holdings of equity shares by a foreign company shall not at any time exceed twenty-six percent of the paid up equity capital of a third party administrator. 7. Any transfer of shares exceeding 5% of the paid up share capital shall be intimated by the TPA to the Authority within 15 days of the transfer indicating the names and particulars of the transferor and transferee...

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