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SAT Upholds IRDAI’s Order Against Sahara India Life, No Urgency in Implementation

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The Securities Appellate Tribunal (SAT) has stayed the order of IRDAI to transfer Sahara India Life's insurance business to SBI Life. The move gives policyholders breathing room, but they should wait for the legal battle to conclude before taking any further action.

Transfer of Sahara India Life to SBI Life due to Funds Misuse and Non-Compliance

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Sahara India Life Insurance has been transferred to SBI Life due to failing financials, missing funds, and lack of proper governance. SBI Life will take over all assets and liabilities for the policyholders' protection.

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Transfer of Sahara India Life to SBI Life due to Funds Misuse and Non-Compliance

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Sahara India Life Insurance has been transferred to SBI Life due to failing financials, missing funds, and lack of proper governance. SBI Life will take over all assets and liabilities for the policyholders' protection.

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