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Hi, I'm planning to start an extended warranty business for cars in Pune. I'd like to understand if


03-Feb-2023 (In Corporate Law)
Hi, I'm planning to start an extended warranty business for cars in Pune. I'd like to understand if there's any regulatory body like IRDA which governs this business sector? What are the legal compliance requirements for this specific business?
Answers (1)

Answer #1
537 votes
to my understanding your business model of extended warranty would be extension of service warranty for car repairs/ maintenance done by you. It wouldn't be an insurance ...
In that case IRDA won't have any jurisdiction.
we would be pleased to guide you further, if you wish to engage our services
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