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SEBI Vs IRDA
SEBI Vs IRDA
IRDA
brews in India, a similar
quasi-legislative
quasi-judicial
quasi-executive
ULIP is a life insurance product not covered Units of mutual funds are “securities” as define
under the definition of securities under the under section 2(h) of the securities contract ac
securities contract Act 1956 1956. merely because they are namely as unit
of ULIPs, they cannot be ousted from the ambi
of definition of “securities”