Madras HC Issues Notice To IRDAI On Plea Seeking Refund/ Adjustment Of Motor Vehicle Premiums During Lockdown

The Madras High Court recently issued notice to the Insurance Regulatory Development Authority of India (IRDAI) on a PIL seeking refund/ adjustment in the motor vehicle premiums paid by the insurance holders, pursuant to the nation-wide lockdown. The petition has been filed by Advocate G. Rajkumar, stating that the authority should be directed to take appropriate policy measures to give relief to insurance holders, who could not use their vehicles during the lockdown period.