MoRTH Tells IRDA Not To Issue Insurance Without Valid PUC

Saar: IRDA has also been directed to ask insurance issuers to submit their compliance report by June 15, 2018. It was in August last year when the Supreme Court of India issued a directive that without a valid pollution under control (PUC) certificate, issuance or renewal of motor insurance will not happen. This step was one of several steps taken to curb the rising levels of air pollution. Now though, according to a report by TOI, the Ministry of Road Transport and Highways (MoRTH) has reiterated the Insurance Regulatory and Development Authority of India (IRDAI) with the same ruling. New … Continue reading MoRTH Tells IRDA Not To Issue Insurance Without Valid PUC