India’s Supreme Court issues notice to the Insurance Regulatory and Development Authority of India (IRDAI)

by | Jun 22, 2020

India’s Supreme Court has recently issued a notice to the Insurance Regulatory and Development Authority of India (IRDAI) for an explanation on the IRDAI’s failure in getting insurers to provide cover for mental illness treatments in their health insurance policies as prescribed by the Mental Healthcare Act, 2017 and the guidelines issued by the IRDAI on August 16, 2018.

It is heartening to note that, finally, mental health issues, which comprise a significant percentage of health problems in India, are being accorded some priority. We await further developments in this case, but hope that insurers act on their own without the Supreme Court having to prod them into action.

#IRDAI #mentalhealth #SupremeCourt #insurance

More News

ITR World Tax Leaders 2023

Akil Hirani, Managing Partner (tax controversy), and Ravi S. Raghavan, Partner - Tax (indirect tax, tax controversy), have been ranked as 'Highly Regarded' lawyers in the ITR World Tax Leaders rankings for 2023. Congratulations.

read more

Majmudar & Partners IFLR Rankings 32nd Edition

Majmudar & Partners has been recognized among the IFLR1000 for its 32nd Edition in various fields of practice and across sectors. The firm has been ranked for its excellence in practice areas such as M&A, private equity, banking, project finance, capital...

read more

Akil Hirani quoted by The Economic Times on the NDTV takeover

The Adani Group recently announced that its media unit was set to buy a majority stake in NDTV. Akil Hirani, Managing Partner and Head of Transactions Practice, was quoted by The Economic Times on the topic. "NDTV can adopt the classic takeover defence of bringing in...

read more

India – Insolvency Update

In the case of Somesh Choudhary v. Knight Riders Sports Private Limited & Ors, the National Company Law Appellate Tribunal (NCLAT) has held that claims arising from the grant of an exclusive right and license to use intellectual property rights falls...

read more

India – Employment Update

Under the Industrial Disputes Act, 1947, normally, the termination of a fixed term contract does not elicit payment of retrenchment compensation to the contractual worker, unlike the termination of an open-ended employment agreement. In the recent case of Jamnagar...

read more

Withdrawal of Personal Data Protection Bill

On August 3, 2022, the Indian government withdrew the Personal Data Protection Bill (the “Bill”), which was first introduced in Parliament on December 11, 2019, and had been thoroughly analysed by a Joint Committee of Parliament (“JCP”). To a Bill which had 99...

read more