Manish Tripathi
26 May 2018 at 07:47
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?
Manish Tripathi
25 May 2018 at 15:18
As HITPA is a joint venture Company with Govt PSU-United India Insurance Company, National Insurance Company, New India and Oriental Insurance and GIC. Each 4 have 23.75% share and GIC have 5% share. HITPA will be consider as Government Company or PSU or Deemed Government Company?
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Associate company of psu
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.