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IRDA Denied To Share ICICI Prudential Life IPO Approval Copy

 CONDITIONAL APPROVAL ISSUED BUT ICICI PRUDENTIAL LIFE NOT REMOVED OBJECTIONS-RTI REPLY REFLECT HUGE CORRUPTION
MAMTA SURI GAVE FREE HAND TO INSURER TO LAUNCH IPO WITHOUT UNCONDITIONAL CLEARANCE
SHE IS PRIVATE AGENT OR PUBLIC SERVANT?

 INVESTOR GOT FOOLED BY HIDING PAPERS OF ICICI PRUDENTIAL LIFE
 गोलमाल है भाई सब गोलमाल है
IRDAI ISSUED CONDITIONAL APPROVAL TO ICICI PRUDENTIAL IPO BUT NOT GAVE FINAL CLEARANCE LETTER IN RTI REPLY

Final Status of   IRDAI/R/2017/50039



Applicant NameSapan Shrivastava
Date of receipt25/01/2017
Request Filed WithInsurance Regulatory and Development Authority of India
Text of ApplicationDr Mamata Suri issued letter dated 14 July 2016 ref ICICI IPO/52/2016-2017 regarding ICICI Prudential IPO approval
RTI Question:
1. Copy of aforesaid letter issued by Dr Mamta Suri
2. Copy Of Reply by ICICI Prudential Life with all enclosures 
3. Final ICICI Prudential Life IPO approval letter without any objections(Copy)
Request document (if any)
StatusREQUEST DISPOSED OF as on 06/02/2017
Date of Action06/02/2017
RemarksReply :- Query No.2: Copy of the reply by ICICI Prudential Life with all enclosures.

Reply to Query No.2: The information sought by you is related to a Third Party for which the Authority invited the written consent from the Third Party regarding sharing of said information as per Section 11(1) of RTI Act, 2005. The Third Party has submitted in writing that the said information should not be shared as there is no larger public interest in such disclosure. 

Query No.1: Copy of the ICICI Prudential IPO approval letter no.ICICI IPO/52/2016-207 dated 14th July, 2017, issued by Dr. Mamta Suri.

Query No.3: Final ICICI Prudential Life IPO approval letter without any objections (copy).

Reply to Query Nos. 1 & 3: It was given to understand by the Company that the copies of the letters sought by you were available for inspection at the registered office of the Company from September 7, 2016 to September 23, 2016 and you were given an opportunity on September 21, 2016 to inspect all the material documents available with the Company. The information sought by you are also available in the SEBI website (www.sebi.gov.in), and the same was also disclosed by the Company in their Red Herring Prospectus for the IPO. 

If you are not satisfied with the reply from CPIO, you may prefer an appeal within 30 days as per section 19(1) of the Act by approaching to the First Appellate Authority on the address given below:-

Shri A Ramana Rao
First Appellate Authority
Insurance Regulatory and Development Authority of India
3rd Floor, Parishram Bhavan, Basheer Bagh,
Hyderabad - 500004

Yours faithfully,

Dr. Mamta Suri
CGM and CPIO
  

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