Amount involved definition

Amount involved has the meaning given to it in GC 16.2(ii).

Amount involved means the greater of: (A) The actual

Amount involved means the greater of: (A) The actual pecuniary harm resulting from the fraudulent insurance act; (B) the pecuniary harm that was intended to result from the fraudulent insurance act; or (C) the intended pecuniary harm that would have been impossible or unlikely to occur, such as in a government sting operation or a fraud in which the claim for payment or other benefit pursuant to an insurance policy exceeded the allowed value. The aggregate dollar amount of the fraudulent claims submitted to the insurance company shall constitute prima facie evidence of the amount of intended loss and is sufficient to establish the aggregate amount involved in the fraudulent insurance act, if not rebutted; and

Examples of Amount involved in a sentence

• Litigation against bank by the customer (Depositor & Borrower as on 30.09.2017) of various Zones : No. of Cases 446 Amount Involved Rs. 13823.84 (Amount in lacs).

• Any other litigation against bank against top executive as on 30.09.2017 of various Zones : No. of Cases 36 Amount Involved Rs. 6777.62 (Amount in lacs) Penalty Imposed by RBI/Regulatory/Other Govt.

• Any other litigation against bank against top executive as on 30.09.2017 of various Zones : No. of Cases 36 Amount Involved Rs. 6777.62 (Amount in lacs) Penalty Imposed by RBI/Regulatories/Other Govt.

• Any other litigation against bank against top executive as on 30.09.2017 of various Zones : No. of Cases 36 Amount Involved Rs. 6777.62 (Amount in lacs) A.

• Any other litigation against bank against top executive as on 30.09.2017 of various Zones : No. of Cases 36 Amount Involved` 6777.62 (Amount in lacs) Penalty Imposed by RBI/Regulatory/Other Govt.

• Litigation against bank in consumer courts (District Forum, State & National Commission as on 30.09.2017) of various Zones : No. of Cases 1268 Amount Involved Rs. 4618.58 (Amount in lacs)3.

• See the below tables: Table 2: Total Amount Involved in Fraud and Forgeries Source: Adapted from NDIC ANNUAL REPORTS (2002 – 2012)This table reported 3,380 fraud cases in the year 2012 involving the sum of ₦17.97 billion with expected/contingent loss of about₦4.52 billion.

• Personnel(Rs. in Lacs)Sr. Name of Party Nature of Transaction Amount Involved 2010-112009-101Lincoln Parenteral LimitedPurchase16.57146.51 Sales4.264.82 Expenses Reimbursed126.7599.21 Loan Taken41.19128.25 Loan Repaid128.25250.462Allantis Exim Pvt.

• Revisions to accounting estimates are recognised in the financial period in which the estimates are revised and in any future financial periods affected.

• SUMMARY OF OUTSTANDING LITIGATIONS & MATERIAL DEVELOPEMENTS A summary of pending legal proceedings and other material litigations involving our Company is provided below: Nature of CasesNumber of CasesTotal Amount Involved (In Rs.)A.

More Definitions of Amount involved

Amount involved means, for any act of self-dealing, the greater of:

Amount involved means the amount of the banks and financial institutions alleged to have been diverted to the accounts of the offenders during the statutory period from 01.04.1991 to 06.06.1992.

Amount involved means the greater of: (A) The actual pecuniary harm resulting from the fraudulent insurance act; (B) the pecuniary harm that was intended to result from the fraudulent insurance act; or (C) the intended pecuniary harm that would have been impossible or unlikely to occur, such as in a government sting operation or a fraud in which the claim for payment or other benefit pursuant to an insurance policy exceeded the

Amount involved in a prohibited transaction means the greater of the amount of money and the fair market value of the other property given, or the amount of money and the fair market value of the other property received.