[Resolved]  Irda — irda + hdfc collaboration

The I R D A , has been busy protecting the interest of the companies .

But , IRDA was created to protect the INTERESTS of CUSTOMER NOT COMPANY

On the other hand SEBI , has been tough on Mutual Fund companies .

Because of S E B I , the M F company have fallen in line .

Please find the email below and tell us what actions you are taking .

Are you fining HDFC ERGO , HDFC LIFE and H D F C ?

What is the amount of FINE ? ?

The company should not pay the fine , the management has to pay .

The CHAIRMAN , DIRECTOR , and other TOP MANAGEMENT should pay the fine

Otherwise , we have to write to the FINANCE MINISTRY AND GOVERNMENT .

Because , so far IRDA has been of no use to the CUSTOMERS .

So better to scrap the company and wind up organisations like IRDA .

There is no need to pay hefty and fat salary to a few persons sitting in IRDA and doing nothing with respect to their prime job and duty .

IRDA officials are more busy defending the fraud of INSURANCE COMPANIES and their fraudulent activities of the insurance company .