Life Insurance Corporation (Amendment) Act, 2011, (Central) Section 6 - Bare Act |
| State | Central Government |
| Year | 2011 |
| Section Title | Amendment of Section 37 |
In section 37 of the principal Act, the following proviso shall be inserted, namely:--
"Provided that the Corporation shall endeavour that its funds are invested in the attractive schemes formulated by it to ensure increased bonus to policyholders while having least investment risk so as to enable the Corporation to play a greater role in economic enrichment of the masses while maintaining its position as a leading player in the market.".