Associate company of psu

Manish Tripathi (Querist) 11 December 2021 This query is : Resolved
Whether HITPA is a PSU or a Private Company?
HITPA is a JV of 4 PSU, each PSU having 23.67% stake and 5% in GIC.
It is an Associate Company of National Insurance, New India Assurance, Oriental Insurance, United India insurance and GIC.
It's audit is conducted by statutory auditors apponits by CAG.

Follow Query

Report Abuse

P. Venu (Expert) 11 December 2021
What is the context for this query?

kavksatyanarayana (Expert) 11 December 2021
Yes. What is your problem? I think Health Insurance Third Party Agency is an agent for the companies of NI, NIA, OI, UII, and GIC.

SHIRISH PAWAR, 7738990900 (Expert) 13 December 2021
Hello,

Yes, CAG can audit PSU. Any company using public resources can be audited by CAG.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Ask Query
Unanswered Queries

Following me so they will complain to police
Refusal of execution of court order by adj
Forged document on fake stamp and forged signatures
Refusal of adj for compliance /execution of order passed
Quash fir
Jda real estate
Not received rent sunce from 8 months
Sexuall harrasment in work place
Sexuall harrasment in work place
Gluco extend

Sanction under 197 crpc
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Ucc laws on inheritance
Family settlement
Complaint against medical facility
Legal opinion on baseless legal notice and law
Legal notice or ........
Dismissals due to defective legal notices
Legal notice content