Bare Act Search Results

Life Insurance Corporation (Amendment) Act, 2011, (Central) Section 6

Title: Amendment of Section 37

State: Central

Year: 2011

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.".

View Complete Act      List Judgments citing this section