2018 (11) TMI 795

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....pending WMPs Mr. Justice T.S.Sivagnanam And Mr.Justice N. Sathish Kumar For the Petitioners : Mr.Vijay Narayan, SC for Mr.Sandeep Bagmar, Mr.M.V.Swaroop For the Department : Mrs.Hema Muralikrishnan, SSC For the UOI & the CBDT : Mr.Venkatasamy Babu, SPC For the IRDAI : Mr.M.B.Gopalan For the General Insurance Council : Mr.N.Vijaya Raghavan COMMON ORDER T.S.SIVAGNANAM, J. We have heard the learned counsel appearing for all the parties. 2. In these writ petitions, the petitioners are three in number, namely Cholamandalam MS General Insurance Company Limited, Royal Sundaram General Insurance Company Limited and United India Insurance Company Limited. Four of the writ petitions filed by both the Cholamandalam MS General Insurance Compa....

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.... The Revenue objects to the maintainability of the writ petitions on the ground that an appeal lies to the Division Bench of this Court under Section 260A of the Act and that no writ is maintainable. 6. The reply by the learned Senior Counsel appearing for both the Cholamandalam MS General Insurance Company Limited and the Royal Sundaram General Insurance Company Limited is that the Tribunal transgressed its jurisdiction and had given certain findings, which have virtually made the IRDA (General Insurance - Reinsurance) Regulations, 2000 as nugatory. Furthermore, before rendering such a finding, the Tribunal ought to have heard the Government of India, the Insurance Regulatory and Development Authority of India, the Central Board of Direct....

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....anies have filed appeals/are in the process of filing appeals under Section 260A of the Act. In the light of this order, there would be no necessity to keep these writ petitions, which have been numbered and which are yet to be numbered, pending. Accordingly, all the writ petitions are disposed of. No costs. Consequently, the connected WMPs are closed. 11. We make it clear that the parties, which were impleaded as respondents 3 to 6 in the writ petitions namely the Ministry of Finance, Department of Financial Services, the Insurance Regulatory and Development Authority of India, the Central Board of Direct Taxes and the General Insurance Council, will be suo motu impleaded by us in the tax case appeals, which are in the process of being nu....