The Role of IRDAI in Insurance Industry

The Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., the Insurance Regulatory and Development Authority Act, 1999 (IRDA Act, 1999) for overall supervision and development of the Insurance sector in India. The Authority acts as the regulator of the insurance industry in India and…

Bank Holidays 2024: Nagaland State

The State Government of Nagaland on November 23, 2023, declared the days specified below as public holidays under the explanation to Section – 25 of the Negotiable Instruments Acts, 1881 (Act, XXVI of 1881). Sr. No Date Day Occasion/Festival Date 1 01.01.2024 Monday New Year Day 2 26.01.2024 Friday REPUBLIC DAY 3 29.03.2024 Friday GOOD…

Bank holidays 2024: Meghalaya State

The Government of Meghalaya state in its notification no. No.GAA/2023/39 declared following days as public holidays Sr.No Date Day Occasion/Festival Date 1 01.01.2024 Monday New year Day 2 26.01.2024 Friday Republic Day 3 25.03.2024 Monday HOLI 4 29.03.2024 Friday Good Friday 5 01.04.2024 Monday Bank Holiday (Closure of annual accounts of banks) 6 11.04.2024 Monday…

Bank Holidays 2024: Andaman and Nicobar islands UT

The Administration of Andaman and Nicobar Islands vide notification No97/2023/F.No.M-13/18/2022 dated 10.10.2023 declared the following days are declared for the year 2024 as public holidays under the explanation of sec 25 of NI Act 1881. Sr.No Date Day Occasion/Festival Date 1 15.01.2024 Monday PONGAL/MAGH BIHU 2 26.01.2024 Friday REPUBLIC DAY 3 25.03.2024 Monday HOLI 4…

Holiday lists of Rajasthan, Chhattisgarh, Odisha and Jharkhand

Holiday lists of Rajasthan, Chhattisgarh, Odisha, and Jharkhand States are attached below.These holidays are as per the circulars issued by the respective States under the explanation of Negotiable Instrument Acts.1. Rajasthan 2. Chettisgarh3. Odisha4. Jharkhand There are 3 such public holidays which are observed all over India without exception and these are Republic Day, Independence Day,…

Bank Holidays 2024: Ladakh UT

The Administration of Union Territory of Ladakh in its order no. 432-LA(GAD) of 2023 dated 29.11.2023  declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2024 Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 07.02.2024 Wednesday MELA DOSMOCHEY (Leh District & Zanskar Sub-Division only) 3 21.03.2024…

Bank Holidays for 2024: Goa State

The Government of Goa in its circular No. 37/1/2023-GAD III/3993 dated 25.10.2023 declared bank holidays as provisions under section 25 of Negotiable Instrument Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 25.03.2024 Monday HOLI 3 29.03.2024 Friday GOOD FRIDAY 4 01.04.2024 Monday YEARLY CLOSING OF BANK ACCOUNTS* 5 09.04.2024 Tuesday…