{"id":265478,"date":"2022-04-15T17:00:42","date_gmt":"2022-04-15T11:30:42","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=265478"},"modified":"2022-04-15T21:20:10","modified_gmt":"2022-04-15T15:50:10","slug":"authorised-share-capital-of-three-public-sector-general-insurance-companies-enhanced-vide-national-insurance-company-limited-merger-amendment-scheme-2022","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/04\/15\/authorised-share-capital-of-three-public-sector-general-insurance-companies-enhanced-vide-national-insurance-company-limited-merger-amendment-scheme-2022\/","title":{"rendered":"Authorised share capital of three public sector general insurance companies enhanced vide National Insurance Company Limited (Merger) Amendment Scheme, 2022"},"content":{"rendered":"<p style=\"text-align: justify;\"><span id=\"page3R_mcid321\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">The Central <\/span><span dir=\"ltr\" role=\"presentation\">Government notifies National Insurance Company Limited (Merger) Amendment Scheme, 2022 to amend the National Insurance Company <\/span><span dir=\"ltr\" role=\"presentation\">Limited (Merger) Scheme, 1973. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span id=\"page3R_mcid324\" class=\"markedContent\"><\/span><span id=\"page3R_mcid324\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In the National Insurance Company Limited (Merger) Scheme, 1973,<\/span> the<\/span><span id=\"page3R_mcid325\" class=\"markedContent\"> authorised share capital of three public sector general insurance companies has been enhanced from &#8216;<span dir=\"ltr\" role=\"presentation\">seven thousand five hundred crore divided into seven hundred <\/span><span dir=\"ltr\" role=\"presentation\">fifty crore&#8217;<\/span><span dir=\"ltr\" role=\"presentation\"> to &#8216;<\/span><span dir=\"ltr\" role=\"presentation\">fifteen thousand crore divided into fifteen hundred crore&#8217;<\/span>.\u00a0 <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Government notifies National Insurance Company Limited (Merger) Amendment Scheme, 2022 to amend the National Insurance Company Limited (Merger) Scheme, 1973. <\/p>\n","protected":false},"author":8808,"featured_media":154904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,13],"tags":[],"class_list":["post-265478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-statutes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Authorised share capital of three public sector general insurance companies enhanced vide National Insurance Company Limited 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Sector Entertainment \/ Media 2. Announcement Date 27 March 2021 3. Completion Date NA 4. Name of Client Inox Leisure Ltd \u00a0 5. 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