SAPPHIRE ROCK GENERAL INSURANCE LIMITED vs Insurance Regulatory Development Authority of India on 22 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 22.10.2026

IRDAI Appeal No. 5 of 2026

And

IRDAI Misc. Application No. 9 of 2026

And

IRDAI Misc. Application No. 10 of 2026

Sapphire Rock General Insurance Ltd.

….. Appellant

Versus

Insurance Regulatory & Development

Authority of India

… Respondent

Ms. Shruti Rajan, Advocate with Mr. Ashish Teni, Mr. Vivek Shah, Mr. Paras Taneja, Mr. Anugrapha Jaising, Ms.

Naisargika Mishra, Advocates i/b Trilegal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr.

Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.