Niva Bupa Health Insurance Company Limited — Others, 03-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
03-07-2025 | 10:45 pm
03-07-2025 | 10:45 pm
Niva Bupa Health Insurance has announced that the Hon’ble High Court of Bombay set aside a GST demand order related to alleged non-payment on co-insurance premiums and reinsurance commissions from July 2017 to March 2022, amounting to ₹1241.30 million. The matter has been remanded to the adjudicating authority for fresh consideration. This litigation is an industry-wide issue and currently carries no financial impact for the company. The development provides clarity and reduces immediate liability concerns for shareholders.
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