Thursday, 26 August 2021

Gujarat State Forest Development Ltd (GSFDCL) Recruitment for Various Posts 2021



Gujarat State Forest Development Ltd (GSFDCL) Recruitment for Various Posts 2021


Jamnagar Customs Recruitment 2021 For Greaser & Seaman Vacancy @ www.jamnagarcustoms.in




Jamnagar Customs Recruitment 2021 For Greaser & Seaman Vacancy : The Office of the Commissioner of Customs Jamnagar has released an employment notification inviting candidates to apply for the positions of Greaser & Seaman Vacancy.


Jamnagar Customs Recruitment 2021


Name of Organization: Jamnagar Customs

Total No. of Posts: 10

Name of the Posts:

Greaser: 04 Post
Seaman: 06 Posts

Job Location: Gujarat

Educational Qualification : 10th Pass

Age Limit:
Candidates age limit should be between 18 – 25 years


Pay Scale:
Pay Bank-1 Pre-Revised Scale (5200 – 20200) + Grade Pay of Rs. 1800/-

Selection Process:
Candidates will be selected based on written examination & interview.

Note: full details of Educational qualification, Age limit, Pay scale, Grade pay ,selection process etc details candidates required to visit official notification which link given below at this vacancy notice.

How to Apply:

Interested & eligible candidates may apply Online through website before 24-08-2021.

Important Dates:
Starting Date for Submission Of Online Application : 24-07-2021
Last Date for Submission Of Online Application : 24-08-2021
Last date for Receipt of Applications: 03-09-2021

Important Links for Jamnagar Customs Recruitment 2021


View Official Recruitment Notification


Apply Online From Here


Gujarat State Forest Development Ltd. (GSFDCL) notified vacancy for Plant Engineer, Manager Accounts, Pharmacist & Accountant Posts 2021. Please read official notification, selection procedure, age limits, stipend, application fees, educational qualification, applying procedure before apply for this job. Keep visiting www.swiftnews.co.in for more jobs and study material updates.



Directors' & Officers' Liability insurance policies were originally created solely to protect the personal assets of the individuals serving on public company boards and executive officers. In 1992, one of the most prominent D&O insurers led a major transformational change in D&O underwriting by expanding coverage to include certain claims against the insured entity. Entity coverage for publicly traded companies is typically restricted to securities claims, while privately held companies and not-for-profit organizations benefit from more comprehensive entity coverage because they lack the public securities risk exposure of publicly traded companies.

The "Claims- Made" Coverage Trigger



D&O policies are universally underwritten on a 'claims-made' basis. This translates to an unequivocal contractual requirement that the policyholder report claims made against an Insured to the insurer during the effective policy period. The only exception is in the case where an optional reporting 'tail' is purchased which affords the Insured the ability to report claims during a specified "extended reporting period," as long as the wrongful act occurred during the effective period of the immediately preceding policy.

Defense

D&O policies issued to public companies generally contain no explicit duty to defend and some require the Insured to select from a pre-approved panel of pre-qualified defense counsel. In contrast, many private company D&O policies do contain a provision placing the defense obligation squarely upon the insurer, and still other policies contain options allowing the defense to be tendered by the Insured to the insurer within a specific period of time. Some D&O policies contain defense cost provisions that require an allocation or sharing of the defense costs between the Insured and Insurer, based upon a determination of covered versus non-covered allegations.

Settlement Hammer



D&O policies typically contain a "settlement hammer" provision. This clause operates to limit an insurer's obligation to indemnify in the event the Insured refuses to consent to a settlement that is acceptable to the insurer. Some policies may express the amount the insurer will pay for covered loss under this circumstance as a percentage of the ultimate covered settlement or judgment. Other D&O policies may limit their economic exposure to the amount for which the case could have historically settled, but for the Insured's refusal.

Regulatory Proceedings and Investigations

Most D&O insurance policies afford qualified protection against "regulatory and governmental" investigations, "administrative or regulatory proceedings," and criminal proceedings. Policies often require the proceedings to be directed against a natural person Insured, to be commenced and maintained in a manner specified in the policy, such as a 'formal' order of investigation, and only for policy-defined defense expenses incurred after the issuance of a formal order or an indictment.

D&O policies' definitions and other corresponding provisions and exclusions vary, and should be carefully evaluated to determine whether they encompass informal investigations from the time a subpoena is received, or from the time an Insured person is identified in writing as a person against whom charges may be filed.

Learning the A,B,C's and D's of D&O Coverage

The three main Insuring Agreements found in public company D&O policies, are typically referenced as "Side A, B, and C coverage". They are sometime supplemented with an optional Coverage D.

"Side A "Coverage - Individual Insured Coverage

"Side A Coverage," also known as the "Non-Indemnifiable Loss Insuring Agreement," provides coverage to individual officers and directors against claims for their policy-defined wrongful acts in their official capacities, under fairly rare circumstances in which the Insured entity either cannot or will not provided indemnification.

The policy's "Side A" coverage for non-indemnifiable claims against directors and officers, almost universally provides that no retention is required to be paid by individual Insureds. A separate "Side A" limit may be available in addition to the traditional D&O policy's aggregate limit of liability. "Side A" excess D&O policies have become more commonplace in the past several years, and certain "Side A" excess policies may also offer "difference in conditions" ('DIC') coverage that generally provides a feature of 'dropping down' to respond to claims either not paid by the primary or underlying D&O policy insurer, or in the event indemnification is unavailable from the Insured entity, the underlying limits are eroded by covered claims against the entity, or the underlying D&O insurers deny coverage to the directors. Some Side A policies are underwritten as non-rescindable by the insurer. Purchasers of this coverage should also consider, if available, an option for reinstatement of policy limits for the outside directors, in the event of premature policy limit exhaustion.



GSFDCL Total Posts :-

Various 07 Posts


GSFDCL Posts Name :-

Plant Engineer : 02 Posts
Accountant : 01 Post
Junior Account Assistant : 02 Posts
Manager Account : 01 Post
Aryuvedic Pharmacist : 01 Post


GSFDCL Selection Procedure :-

Candidates selection will be based on an personal interview.
GSFDCL Educational Qualification :-

Various degree with experience in related field.
Please read official notification for more qualification details.
GSFDCL Age Relaxation :-

Junior Account Assistant : 23 to 35 years
Accountant : 25 to 35 years
Aryuvedic Pharmacist : Not more than 33 years
Plant Engineer/ Manager Accountant : Not more than 35 years
GSFDCL Stipend Information :-

Plant Engineer : Rs. 25,000/- per month
Manager Accountant : Rs. 32,500/- per month
Aryuvedic Pharmacist : Rs. 20,000/- per month
Accountant : Rs. 25,000/- per month
Junior Account Assistant : Rs. 15,000/- per month
GSFDCL Applying Procedure :-

Eligible and interested candidates need to apply in the prescribe format in the above address.
Please read official notification for more details.
GSFDCL Advertisement Number :-

39/BRC/2021
GSFDCL Important Dates :-

Last Date : 04/09/2021
GSFDCL Important Links :-
Notification & Application Form : Download Now

Eligible and interested candidates need to apply in the prescribe format in the above address.
Please read official notification for more details.
GSFDCL Advertisement Number :-

39/BRC/2021
GSFDCL Important Dates :-

Gujarat State Forest Development Ltd (GSFDCL) Recruitment for Various Posts 2021 Rating: 4.5 Diposkan Oleh: Niya

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