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J&K govt. blacklists Reliance General Insurance Company Limited for 2 years
The Jammu and Kashmir government blacklisted Reliance General Insurance Company Limited for two years, barring it from participating in any bidding or procurement. The decision follows an investigation agencies’ report that RGICL entered into an agreement with the UT administration “even without having the required eligibility.”
Why It Matters
The move underscores efforts to safeguard public procurement integrity and protect public funds in the UT.
Timeline
1 Event
J&K government debars Reliance General Insurance Company Limited for two years
April 28, 2026
The Finance department of the Jammu and Kashmir government issued an order stating that M/S Reliance General Insurance Company Limited is blacklisted/debarred for two years from participating in any bidding or procurement process to be initiated by the Government of Jammu & Kashmir. The order notes that this is in the backdrop of a report by investigation agencies that the company entered into an agreement with the UT administration “even without having the required eligibility.”