HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules | Lucknow News

HC flags concerns over RCs of total-loss vehicles, asks IRDAI to review rules Lucknow: The Allahabad high court’s Lucknow bench has asked the Insurance Regulatory and Development Authority of India (IRDAI) to revisit its 2024 rules that allow insurers to settle claims for completely damaged vehicles without mandatory cancellation of their registration certificates (RCs).The court…

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