16 April 2008
sir, i am a LIC agent for the last 2 years,under IRDA regulations. agency is not a job , means off role not on role. at that time i got a oppotunity from a mutual fund AMC under AMFI ( SEBI REGULATIONS). for the job of RM. sir i want to know whether that AMC can object against my LIC agency or not? whether they have the right as per the sebi rules to ask me to surrnder my agency? what is the actual legal point on this matter ? if not then whether they have the right to ask me for the NOC only and not for the surrender of my agency. sir please help me to tell me what is the actual law position on this matter.
CAclubindia
