Sentences with phrase «binding legal mandate»

Finance Minister Pranab Mukherjee yesterday asked IRDA and the Sebi to «jointly seek a binding legal mandate from an appropriate court» on the unit linked insurance products (ULIPs).

After the two regulators petitioned Finance Ministry, Finance Minister Pranab Mukherjee had said on April 12: «To resolve any ambiguity and to ensure smooth functioning in the market, the regulators have agreed to jointly seek a binding legal mandate from an appropriate court.»

Not exact matches

Observers say the meeting will have failed if it ends without a clear mandate to wrap up binding legal language on reducing emissions no later than December 2010.

This may be regarded as the establishment or recognition of a residual and minimal legal «safety - net» that could be regarded as binding upon the conduct of both named parties for the purposes of the action they are undertaking which is mandated and legitimated by the Union withdrawal clause (for an argument that the UK government and the EU institutions are bound by EU law in the conduct of the negotiations, see here).