Embattled Sahara Group chief Subrata Roy on Monday met TS Vijayan, chairman of Insurance Regulatory and Development Authority (Irda), seeking time to improve the financial position and corporate governance of Sahara Life Insurance, in a bid to retain the company’s licence.
“Today, Subrata Roy met Vijayan seeking time to turnaround the company,” said a senior Irda official. “If anything, Irda is protecting interest of policyholders of Sahara Life by asking a stronger company to take ..
