The first additional chief metropolitan magistrate has ordered issuance of summons to Insurance Regulatory and Development Authority of India (Irdai) chairman TS Vijayan and seven other top officials in a case of alleged atrocities against SC/ST community.
The magistrate was dealing with a petition filed by Vakiti Sudhakar, chairman, Excellent Insurance Broking Services Ltd, an insurance broking services company who charged the Irdai officials with harassing him with malaise, caste-based prejudices and criminal intentions. The petition was filed last year.
This may be a rare case in the insurance industry wherein a brokership licence has been denied on caste grounds.