About health insurance tpa ofindia limited
Manish Tripathi
(Querist) 26 May 2018
This query is : Resolved
Madam/Dear sir,
Health Insurance TPA of India limited is a joint venture Company with 4 Public sector Health Insurance Companies-United India Insurance Company, New India, National Insurance and Oriental Insurance Company. Each company have 23.75 shareholding in concerned JV named, Health Insurance TPA of India limited it means 95% shrareholding with 4 PSU and rest 5% is with GIC. JV Company, Health Insurance TPA of India limited has been audited by auditor appointed by CAG.
Whether it is a Government Company or Government subsidiary Company or PSU or a Private Company. Please share the exact status of the Company.
Do JV Company will follow Government rules and regulation regarding their employees benefits?
Ms.Usha Kapoor
(Expert) 28 May 2018
Its primarily a public sector amalgamated company. Whatever rules and regulations banks follow or govt at the centre will follow the same rules and regulations regarding employee benefits this 95% public sector amalgamated company would mutatis Mutandus would follow.
Manish Tripathi
(Querist) 28 May 2018
other side when I check" Registrar of Company" website it shows Health Insurance TPA is a Non-Government Company whether Accounts are audited by the auditors appointed by CAG. CAG has power to appoint auditors in Government departments, PSU or Public sector enterprises. Why it is shows Non-Govt Company in ROC website?
Ms.Usha Kapoor
(Expert) 04 June 2018
Please check with the company HR department as to whether it is a Government company or a private company?
