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J&K Govt blacklists Trinity Reinsurance Brokers for 2 yrs over contract violations

The Jammu and Kashmir Government has blacklisted Trinity Reinsurance Brokers Ltd. for two years due to serious violations of contractual obligations and financial irregularities related to the Group Mediclaim Insurance Scheme for government employees. The decision aims to protect public interest by preventing the firm from participating in any future bidding processes initiated by the UT Government.

J&K Govt blacklists Trinity Reinsurance Brokers for 2 yrs over contract violations

Credit: Dailyexcelsior

Key Highlights

  • Trinity Reinsurance Brokers Ltd. was engaged in 2017 for an Employee Health Insurance Scheme.
  • The blacklisting is effective immediately and lasts for two years.
  • The government's decision was based on findings of professional misconduct and financial irregularities.
  • The firm is barred from participating in any bidding processes initiated by the Jammu and Kashmir Government.
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Sources

  1. J&K Govt blacklists Trinity Reinsurance Brokers for 2 yrs over contract violations

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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