The draft regulations prepared by Unique Identification Authority of India (UIDAI) stipulate that all biometric authentication against any such locked biometric records shall fail with a "No" answer
The allotment to the joint venture partner MSI is in consideration for the transfer of equity shares constituting 20.57 per cent of the paid-up share capital of Max Life held by it to MFSL.
Reports suggest the talks could now continue for the rest of October, but British officials are stressing the need for clarity on whether a deal is feasible by the summit.
