Bare Act Search Results

General Insurance Business (Nationalisation) Act,1972 Complete Act

Title: General Insurance Business (Nationalisation) Act,1972

State: Central

Year: 1972

.....of acquiring company to seek relief in respect of certain transactions Section29 - Duty to deliver possession of property and documents relating thereto Section30 - Penalty for withholding property etc. Section31 - Officers and employees of Corporation or of acquiring companies to be public servants Section32 - Indemnity Section33 - Dissolution of Corporation and acquiring companies Section34 - Reference to existing insurer in other laws Section35 - Application of Insurance Act Section35A - [Omitted] Section36 - Exemptions Section37 - Vacancies, etc., not to invalidate proceedings Section38 - Protection of action taken in good faith Section39 - Power to make rules Section40 - Omission of section 14 of Act 17 of 1971 [Replealed] Schedule1 - THE SCHEDULE Amending Act1 - GENERAL INSURANCE BUSINESS (NATIONALISATION) AMENDMENT ACT, 2002

Bombay Local Authorities Census Expenses Contribution Act, 1950, (Maharashtra) Complete Act

Title: the Bombay Local Authorities Census Expenses Contribution Act, 1950

State: Maharashtra

Year: 1950

Preamble - THE ACT FOR AVOIDING WAGERS (AMENDMENT) ACT, 1865 Section 1 - Contracts declared null and void. No suit allowed on such contracts Section 2 - Nor for commission or brokerage, etc., in respect of agreements by way of gaming or wagering Section 3 - Payments for which guardian and personal representative not to be allowed credit Section 4 - Repeal and savings Section 5 - Number and gender

Insurance Laws (Transfer of Business and Emergency Provision) Repeal Act, 2001 Complete Act

Title: Insurance Laws (Transfer of Business and Emergency Provision) Repeal Act, 2001

State: Central

Year: 2001

Preamble1 - INSURANCE LAWS (TRANSFER OF BUSINESS AND EMERGENCY PROVISION) REPEAL ACT, 2001 Section1 - Short title Section2 - Repeal of Act 62 of 1950 Section3 - Repeal of Act 9 of 1956 Section4 - Repeal of Act 17 of 1971

General Insurance Business (Nationalisation) Amendment Act, 2002 Complete Act

Title: General Insurance Business (Nationalisation) Amendment Act, 2002

State: Central

Year: 2002

Preamble1 - GENERAL INSURANCE BUSINESS (NATIONALISATION) AMENDMENT ACT, 2002 Section1 - Short title and commencement Section2 - Amendment of section 9 Section3 - Insertion of new section 10A Section4 - Amendment of section 18 Section5 - Amendment of section 19 Section6 - Amendment of section 22 Section7 - Amendment of section 24A Section8 - Amendment of section 39

Karnataka Public Service Commission (Conduct of Business and Additional Functions) Act, 1959 Complete Act

Title: Karnataka Public Service Commission (Conduct of Business and Additional Functions) Act, 1959

State: Karnataka

Year: 1959

Preamble 1 - KARNATAKA PUBLIC SERVICE COMMISSION (CONDUCT OF BUSINESS AND ADDITIONAL FUNCTIONS) ACT, 1959 Chapter I Section 1 - Short title and commencement Section 2 - Definition Chapter II Section 3 - Procedure for performance of functions of the Commission Section 4 - Decision of questions Section 5 - Agenda for meetings Section 6 - Decision by majority of votes Section 7 - Procedure during absence of Chairman Section 8 - Vacancy, etc., not to invalidate proceedings Section 9 - Quorum Section 10 - Recording of decisions Section 11 - Communications to be signed 1[by the Secretary or the Assistant Secretary] Section 12 - Deputation of Members Section 13 - Interviews Section 14 - Action in urgent cases Section 15 - Procedure in other cases Chapter III Section 16 - Conduct of Service Examinations Section 17 - Functions in respect of services of local authorities Section 17A - 17A. Commission to furnish returns, etc., to Government Section 18 - Rules

Insurance Act, 1938 Complete Act

State: Central

Year: 1938

.....to the business of insurance. Whereas it is expedient to consolidate and amend the law relating to the business of insurance; It is hereby enacted as foltows :- This Act has been applied to- (i) the partially excluded areas in the District of Darjesling, see Bengal Government Notification No. 1902-Com., dated 28-6-1939, Calcutta Gazette, dated 16-7-1939; (ii) the partially excluded areas in the Province of Orissa with effect from 14-10-1939, see Orissa Laws Validating Regulation, 1943 (1 of 1943). The Act has been extended to the new Provinces and Merged States by the S.3OF THE Merged States (Laws) Act, 1949 (1-1-1950) and to the States of Manipur, Tripura and Vindhya Pradesh by the Union Territories (Laws) Act, 1950 (30 of 1950), section 3 (16-4-1950). Manipur and Tripura are Union territories now and Vindhya Pradesh has been merged with the State of Madhya Pradesh -- See Act 37 of 1956, section 9(1)(e). It has been extended to the Union territories of- (1) Goa, Daman and Diu by Regn. 12 of 1962 (15-12-1963); (2) Dadra and Nagar Haveli, by Regn. 6 of 1963 (1-7-1965); (3) Pondicherry, by Regn. 7 of 1963 (1-10-1963); and (4) Laccadiv, Minicoy and Amindivi Islands, by Regn......

Insurance Act, 1938 (4 of 1938) Complete Act

Title: Insurance Act, 1938 (4 of 1938)

State: Central

Year: 1938

.....liabilities remain unsatisfied Section2E - This Act not to apply to certain insurers, ceasing to enter into new contracts before commencement of Act Section3 - Registration Section3A - Renewal of registration Section3B - Certification of soundness of terms of life insurance business Section4 - Minimum limits for annuities and other benefits secured by policies of life insurance Section5 - Restriction on name of insurer Section6 - Requirement as to capital Section6A - Requirements as to capital structure and voting rights and maintenance of registers of beneficial owners of shares Section6AA - Manner of divesting excess shareholding by promoter in certain cases Section6B - Provision for securing compliance with requirements relating to capital structure Section6C - Conversion of company limited by shares into company limited by guarantee Section7 - Deposits Section8 - Reservation of deposits Section9 - Refund of Deposit Section10 - Separation of accounts and funds Section11 - Accounts and balance-sheet Section12 - Audit Section13 - Actuarial report and abstract Section14 - Register of policies and register of claims Section15 - Submission of returns .....

Insurance Act, 1938 (4 of 1938) Section 40B

Title: Limitation of Expenses of Management in Life Insurance Business

State: Central

Year: 1938

.....this section,-- (a) "calendar year" or "year" means, in relation to an insurer who is required to furnish returns in accordance with sub-section (2) of section 16, the period covered by the revenue account furnished by such insurer under clause (b) of that sub-section; (b) "expenses of management" means all charges wherever incurred whether directly or indirectly, and includes-- (i) commission payments of all kinds, (ii) any amount of expenses capitalised, (iii) in the case of an insurer having his principal place of business outside India, a proper share of head office expenses which shall not be less than such percentage as may be prescribed of the total premiums (less re-insurances) received during that year in respect of life insurance business transacted by him in India, but does not include in the case of an insurer having his principal place of business in India any share of head office expenses in respect of life insurance business transacted by him outside India.] ________________________ 1. Inserted by Act 47 of 1950, section 31 (w.e.f. 1-9-1950). 2. Substituted by Act 41 of 1999, section 30 and Schedule I, for "Controller".

Insurance Act, 1938 (4 of 1938) Section 40C

Title: Limitation of Expenses of Management in General Insurance Business

State: Central

Year: 1938

.....and dealings with share-holders and a proper share of managerial expenses calculated in such manner as may be prescribed, and (iv) any expenses debited to claims in the revenue account in Form F of Part II of the Third Schedule]; (iv) any expenses debited to claims in the revenues account in Form F of Part II of the Third Schedule (c) "insurance business transacted in India" includes insurance business wherever effected relating to any property situate in India or to any vessel or aircraft registered in India.] _______________________ 1. Inserted by Act 47 of 1950, section 31 (w.e.f. 1-6-1950). 2. Substituted by Act 41 of 1999, section 30 and Schedule I, for "Controller" (w.e.f. 19-4-2000). 3. Inserted by Act 62 if 1968, section 19 (w.e.f. 1-6-1969).

Insurance Act, 1938 (4 of 1938) Part II

Title: Provisions Applicable to Insurers

State: Central

Year: 1938

.....section 2 and Schedule, for "theStates" (w.e.f. 1-11-1956). Section 2E - This Act not to apply to certain insurers, ceasing to enter into new contracts before commencement of Act The provisions of this Act shall not apply to an insurer as defined in paragraph (i) or (iii) of sub-clause (a) of clause (9) of section 2 in relation to any class of his insurance business where such insurer has ceased, before the commencement of this Act, to enter into any new contracts of that class of business.] Section 3 - Registration (1) No 1 [person] shall, after the commencement of this Act, begin to carry on any class of insurance business in 2 [India] and no insurer carrying on any class of insurance business in 2 [India] shall, after the expiry of three months from the commencement of this Act, continue to carry on any such business, unless he has obtained from the 3 [Authority] a certificate of registration 4 [for the particular class of insurance business]: 5 [Provided that in case an insurer who was carrying on any class of insurance business in 2 [India] at the commencement of this Act, failure to obtain a certificate of registration in accordance with the requirements of this.....