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No Abuse of Dominant Position By GIC – CCI Orders

November 6, 2019[2019] 111 taxmann.com 16 (Article)
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GIC receives statutory cession of 5% on every general insurance policy in India subject to certain limits, which means that all insurance companies operating in India have to mandatorily cede or transfer 5% of their liabilities under the insurance policies issued by them to GIC.
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