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Home Bare Acts Phrase: chief agentInsurance Act, 1938 (4 of 1938) Section 42C
Title: Regulation of Employment of Chief Agents and Special Agents
State: Central
Year: 1938
.....be final. ( 11 ) Every insurer shall maintain a register in which the name and address of every chief agent appointed by hi m, the date on which the appointment was made and the date, if any, on which the appointment ceased shall be entered, and a separate register in which similar particulars relating to every special agent shall be entered, and every chief agent shall maintain a register in which similar particulars relating to every special agent appointed by hi m shall be entered.] _______________________________ 1. Inserted by Act 47 of 1950, section 33 (w.e.f. 1-9-1950). 2. Substituted by Act 62 of 1956, section 2 and Schedule, for "the States" (w.e.f. 1-11-1956). 3. Substituted by Act 41 of 1999, section 30 and Schedule I, for "Controller" (w.e.f. 19-4-2000).
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 42A
Title: Registration of Principal Agents, Chief Agents and Special Agents
State: Central
Year: 1938
.....than two rupees. ( 6 ) Any person who acts as a principal agent, chief agent or special agent, without holding a certificate issued under this section to act as such, shall be punishable with fine which may extend to five hundred rupees, and any insurer or any person acting on behalf of an insurer, who appoints as a principal agent, chief agent or special agent any person not entitled to act as such or transacts any insurance business in India through any such person, shall be punishable with fine which may extend to one thousand rupees. ( 7 ) Where the person contravening sub-section ( 6 ) is a company or a firm, then, without prejudice to any other proceedings which may be taken against the company or firm, every director, manager, secretary or any other officer of the company, and every partner of the firm who is knowingly a party to such contravention shall be punishable with fine which may extend to five hundred rupees. ( 8) The provisions of sub-sections (6) and (7) shall not take effect until the expiry of six months from the commencement of the Insurance (Amendment) Act, 1950 (47 of 1950).] 5[ (9) No insurer shall, on or after the commencement of the Insurance.....
View Complete Act List Judgments citing this sectionLife Insurance Corporation Act, 1956 Section 12
Title: Transfer of Services of Existing Employees of Chief Agents of Insurers to the Corporation in Certain Cases
State: Central
Year: 1956
.....the chief agent for a continuous period of not less than one year immediately before the appointed day; shall, on and from the appointed day, become, an employee of the Corporation and the provisions of section 11 shall, so far as may be apply in relation to such employee as they apply in relation to such employee as they apply in relation to a whole-time employee of the insurer: Provided that this section shall not apply except in cases where the chief agent of the insurer was required under the terms of his contract with the insurer to render the prescribed services to policy holders of the insurer. Explanation.-In the case of a whole-time salaried employee of a chief agent who has been retrenched by the chief agent on or after the 19th day of January, 1956 the provisions of this section shall apply as if for the words 'the appointed day' the words and figures 'the 19th day of January, 1956' had been substituted.
View Complete Act List Judgments citing this sectionLife Insurance Corporation Act, 1956 Section 36
Title: Contracts or Chief Agents and Special Agents to Terminate
State: Central
Year: 1956
Notwithstanding anything contained in the Insurance Act or in any other law for the time being in force every contract appertaining to controlled business subsisting immediately before the appointed day,- (a) between an insurer and his chief agent or between an insurer and a special agent; or (b) between the chief agent of an insurer and a special agent; shall, as from the appointed day, cease to have effect and all rights accruing to the chief agent or the special agent under any such contract shall terminate on that day: Provided that in every such case compensation shall be given by the Corporation to the chief agent or the special agent, as the case may be, in accordance with the principles contained in the Third Schedule, and the provisions of sub-section (2) of section 16 shall, so far as may be, apply in every such case.
View Complete Act List Judgments citing this sectionAllianz Und Stuttgarter Life Insurance Bank (Transfer) Act, 1950 [Repealed] Section 5
Title: Cessation of Payment of Commission to Past Insurance Agents
State: Central
Year: 1950
(1) Notwithstanding anything to the contrary contained in the Act or in any other law for the time being in force or in any contract, all contracts of agency entered into before the 31st day of July, 1942, between an insurance agent, a special agent or a chief agent (by whatever name called) and the transferor company, and any appointment made before the said date whereby remuneration is payable to any person in the form of commission or bonus, shall be deemed to have been terminated with effect from the said date and no commission or bonus due to such agent or person, whether on renewal premiums or otherwise, shall be payable to him in respect of any life policies procured by or through him before the said date. (2) Notwithstanding anything to the contrary contained in any law for the time being in force, no compensation shall be payable to any person for the termination, in pursuance of this section, of any contract of agency or other appointment.
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 48A
Title: Life Insurance Agents Not to Be Directors of Life Insurance Companies
State: Central
Year: 1938
1 [48A. Life insurance agents not to be directors of life insurance companies No insurance agent who solicits or procures life insurance business, and 2 [no chief agent or special agent], shall be eligible to be or remain a director of any insurance company carrying on life insurance business: Provided that any director holding office at the commencement of the Insurance (Amendment) Act, 1946, shall not become ineligible to remain a director by reason of this section until the expiry of six months from the commencement of that Act.] ____________________________ 1. Inserted by Act 6 of 1946, section 24 (w.e.f. 20-3-1946). 2. Substituted by Act 47 of 1950, section 39, "for certain words" (w.e.f. 1-6-1950).
View Complete Act List Judgments citing this sectionChief Elec Commi and Other Elec Commi Condi of Service Act 1991 Chapter II
Title: Salary and Other Conditions of Service of the Chief Election Commissioner and Election Commissioners
State: Central
Year: 1991
..... (b)such pension (including commutation of pension), family pension and gratuity asare admissible to a Judge of the Supreme Court under the said Act and the rulesmade thereunder, as amended from time to time. 3 [***] 4 [(3)]Except where the Chief Election Commissioner or an Election Commissioner demitsoffice by resignation, he shall be deemed, for the purpose of this Act, to havedemitted his office if, and only if,-- (a)he has completed the term of office specified in section, or (b)he has attained the age of sixty-five years 3 [***] or (c)his demission of office is medically certified to be necessitated by ill-health. ________________________ 1.Insertedby the Chief Election Commissioner and other Election Commissioner (Conditionsof Service) Amdt Act, 1993 w.e.f. 01-10-1993. 2.Substitutedfor "sub-section(4)" by the Chief. Election Commissioner and otherElection Commissioner (Conditions of Service).Amdt Act, 1993, w.e.f. 01-10-1993. 3.Omittedby the Chief. Election Commissioner and other Election Commissioner (Conditionsof Service).Amdt Act, 1993 w.e.f. 01-10-1993 Prior to omission it reads asunder:-- "(3) Where an Election Commissioner demits office.....
View Complete Act List Judgments citing this sectionCommanders-in-chief (Change in Designation) Act, 1955 Section 3
Title: Construction of References to Commanders-in-chief in Enactments or Instruments
State: Central
Year: 1955
Any reference, by whatever form of words, to the Commander-in-Chief of the regular Army, the Commander-in-Chief of the Indian Navy, and the Commander-in-Chief of the Air Force, in any law for the time being in force, or in any instrument or other document, shall be construed as a reference to the Chief of the Army Staff, the Chief of the Naval Staff, and the Chief of the Air Staff respectively.
View Complete Act List Judgments citing this sectionLeaders and Chief Whips of Recognised Parties and Groups in Parliament (Facilities) Act, 1998 Section 3
Title: Facilities to the Leaders and Chief Whips of Recognised Groups and Parties
State: Central
Year: 1998
.....Board, Commission or other body set up by the Government; or (iv) is entitled to similar telephone and secretarial facilities provided to him in any other capacity of the Government or a local authority or Corporation owned or controlled by the Government or any local authority."] ______________________________ 1. Substituted by the Leaders and Chief Whips of Recognised Parties and Groups in Parliament (Facilities) Amendment Act, 2000 (Act 18 of 2000) w.e.f 07.06.2000. Prior to substitution section 3 read as under: "Subject to any rules made in this behalf by the Central Government, each leader [other than the Leader of the Opposition as defined in Section 2 of the Salary and Allowances of Leaders of Opposition in Parliament Act, 1977 (33 of 1977)] and each Chief Whip of a recognised group and a recognised party shall be entitled to telephone and secretarial facilities."
View Complete Act List Judgments citing this sectionChief Elec Commi and Other Elec Commi Condi of Service Act 1991 Preamble 1
Title: The Chief Election Commissioner and Other Electioncommissioners [Conditions of Service] Act, 1991
State: Central
Year: 1991
THE CHIEF ELECTION COMMISSIONER AND OTHER ELECTION COMMISSIONERS [CONDITIONS OF SERVICE] ACT, 1991 [Act, No. 11 of 1991] [25th January, 1991] PREAMBLE An Act to determine the conditions of service of the Chief Election Commissioners and other Election Commissioners1[and to provide for the procedure for transaction of business by the Election Commission and for matters] connected therewith or incidental thereto. BE it enacted by Parliament in the Forty-first Year of the Republic of India as follows:-- ________________________ 1. Substituted for "and for matters" by the Chief Election Commissioner and other Election Commissioners (Conditions of Service) Amdt Act, 1993 w.e.f. 01-10-1993
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