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Start Free TrialInsurance Regulatory and Development Authority (Assets, Liabilities, and Solvency Margin of Insurers) Regulations, 2000 Complete Act
State: Central
Year: 2000
.....Authority Act, 1999 (41 of 1999), or in any rules or regulations made thereunder, shall have the meanings respectively assigned to them in those Acts or rules or regulations. Regulation 3 Valuation of Assets .-Every insurer shall prepare a statement of the value of assets in Form IRDA- Assets- AA in accordance with Sch. I. Regulation 4 Determination of Amount of Liabilities Every insurer shall prepare a statement of the amount of liabilities in accordance with Sch. II-A, in respect of life insurance business, and in Form HG in accordance with Sch. II-B, in respect of general insurance business, as the case may be. Regulation 5 Determination of Solvency Margin .-Every insurer shall prepare a statement of solvency margin in accordance with Sch. III-A, in respect of life insurance business, and in Form KG in accordance with Sch. III-B, in respect of general insurance business, as the case may be. Regulation 6 Health Insurance Business Where the Insurer transacts health insurance business, providing health covers, the amount of liabilities shall be determined in accordance with the principles specified under these Regulations. Regulation 7 Business outside India Where.....
List Judgments citing this sectionInsurance Regulatory and Development Authority Act, 1999 Schedule 1
Title: First Schedule
State: Central
Year: 1999
.....that connection and all other matters incidental thereto as arc, in its opinion, necessary to enable the Investigating Authority to discharge satisfactorily his functions under this section. Explanation.--For the purposes of this section, the expression "insurer" shall include in the case of an insurer incorporated in India-- (a) all its subsidiaries formed for the purpose of carrying on the business of insurance exclusively outside India; and (b) all its branches whether situated in India or outside India. (9) No order made under this section other than an order made under clause (b) of sub-section (6) shall be capable of being called in question in any court. (10) All expenses of, and incidental to, any investigation made under this section shall be defrayed by the insurer, shall have priority over that debts due from the insurer and shall be recoverable as an arrear of land revenue.'. 21. Section 33A, omit "Central Government or the". 22. Section 34H,-- (a) in sub-section (1),-- (i) for "Controller", substitute "Chairperson of the Authority"; (ii) for "an Assistant Controller of Insurance", substitute "an officer authorised by the Authority"; (b) in.....
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 64VA
Title: Sufficiency of Assets
State: Central
Year: 1938
.....thousand rupees in respect of a country craft insurer or in respect of an insurer not having a share capital and carrying on only such insurance business as, in the opinion of the Central Government, is not carried on ordinarily by insurers under separate policies. 2 [(7) Every insurer shall furnish to the Authority his returns under section 15 or section 16, as the case may be, in case of life insurance business a statement certified by an actuary approved by the Authority, and in case of general insurance business a statement certified by an auditor approved by the Authority, of the required solvency margin maintained by the insurer in the manner required by sub-section (1A).] ______________________ 1. Substituted by Act 41 of 1999, section 30 and Schedule I, for "at all times" (w.e.f. 19-4-2000). 2. Inserted by Act 41 of 1999, section 30 and Schedule I (w.e.f. 19-4-2000). 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 Regulatory and Development Authority Act, 1999 Complete Act
State: Central
Year: 1999
.....that connection and all other matters incidental thereto as are, in its opinion, necessary to enable the Investigating Authority to discharge satisfactorily his functions under this section. Explanation.-For the purposes of this section, the expression "insurer" shall include in the case of an insurer incorporated in India- (a) all its subsidiaries formed for the purpose of carrying on the business of insurance exclusively outside India; and (b) all its branches whether situated in India or outside India. (9) No order made under this section other than an order made under Cl. (b) of sub-section (6) shall be capable of being called in question in any Court. (10) All expenses of, and incidental to, any investigation made under this section shall be defrayed by the insurer, shall have priority over that debts due from the insurer and shall be recoverable as an arrear of land revenue. 21. In Sec. 33-A, omit "Central Government or the". 22. In Sec. 34-H,- (a) in sub-section (1),- (i) for "Controller", substitute, "Chairperson of the Authority"; (ii) for "an Assistant Controller of Insurance", substitute "an officer authorised by the Authority"; (b) in sub-sections (5) and (7), for.....
List Judgments citing this sectionCentral Excise Tariff Act, 1985 Chapter 90
Title: Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical or Surgical Instruments and Apparatus; Parts and Accessories Thereof
State: Central
Year: 1985
.....or for automatically controlling temperature, whether or not their operation depends on an electrical phenomenon which varies according to the factor to be automatically controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilized against disturbances, by constantly or periodically measuring its actual value; and (b) automatic regulators of electrical quantities, and instruments or apparatus for automatically controlling non-electrical quantities the operation of which depends on an electrical phenomenon varying according to the factor to be controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilized against disturbances, by constantly or periodically measuring its actual value. Tariff Item Description of goods Unit Rate of duty (1) (2) (3) (4) 9001 OPTICAL FIBRES AND OPTICAL FIBRE BUNDLES; OPTICAL FIBRE CABLES OTHER THAN THOSE OF HEADING 8544; SHEETS AND PLATES OF POLARISING MATERIAL; LENSES (INCLUDING CONTACT LENSES), PRISMS, MIRRORS AND OTHER OPTICAL ELEMENTS, OF ANY.....
View Complete Act List Judgments citing this sectionCentral Excise Tariff (Amendment) Act, 2004 Chapter LXXXX
Title: Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical or Surgical Instruments and Apparatus; Parts and Accessories Thereof
State: Central
Year: 2004
.....or for automatically controlling temperature, whether or not their operation depends on an electrical phenomenon which varies according to the factor to be automatically controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilized against disturbances, by constantly or periodically measuring its actual value; and (b) automatic regulators of electrical quantities, and instruments or apparatus for automatically controlling non-electrical quantities the operation of which depends on an electrical phenomenon varying according to the factor to be controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilized against disturbances, by constantly or periodically measuring its actual value. Tariff Item Description of goods Unit Rate of duty (1) (c) (4) 9001 OPTICAL FIBRES AND OPTICAL FIBRE BUNDLES; OPTICAL FIBRE CABLES OTHER THAN THOSE OF HEADING 8544; SHEETS AND PLATES OF POLARISING MATERIAL; LENSES (INCLUDING CONTACT LENSES), PRISMS, MIRRORS AND OTHER OPTICAL ELEMENTS, OF ANY MATERIAL, UNMOUNTED, OTHER THAN SUCH ELEMENTS OF .....
View Complete Act List Judgments citing this sectionCustoms Tariff Act 1975 Chapter 90
Title: Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical or Surgical Instruments and Apparatus; Parts and Accessories Thereof
State: Central
Year: 1975
.....or for automatically controlling temperature, whether or not their operation depends on an electrical phenomenon which varies according to the factor to be automatically controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilised against disturbances, by constantly or periodically measuring its actual value; and (b) Automatic regulators of electrical quantities, and instruments or apparatus for automatically controlling non-electrical quantities the operation of which depends on an electrical phenomenon varying according to the factor to be controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilised against disturbances, by constantly or periodically measuring its actual value. Tariff Item Description of goods Unit Rate of duty Std. Prefnl. Areas (1) (2) (3) (4) (5) 9001 Optical fibres and optical fibre bundles; optical fibre cables other than those of heading 8544; sheets and plates of polarising material; lenses (including contact lenses),.....
View Complete Act List Judgments citing this sectionCustoms Tariff (Amendment) Act, 2003 Chapter LXXXX
Title: Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical or Surgical Instruments and Apparatus; Parts and Accessories Thereof
State: Central
Year: 2003
.....or for automatically controlling temperature, whether or not their operation depends on an electrical phenomenon which varies according to the factor to be automatically controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilised against disturbances, by constantly or periodically measuring its actual value; and (b) automatic regulators of electrical quantities, and instruments or apparatus for automatically controlling non-electrical quantities the operation of which depends on an electrical phenomenon varying according to the factor to be controlled, which are designed to bring this factor to, and maintain it at, a desired value, stabilised against disturbances, by constantly or periodically measuring its actual value. Tariff Item Description of goods Unit Rate of duty Standard Preferential Areas (1) (2) (3) (4) (5) 9001 OPTICAL FIBRES AND OPTICAL FIBRE BUNDLES; OPTICAL FIBRE CABLES OTHER THAN THOSE OF HEADING 8544; SHEETS AND PLATES OF POLARISING MATERIAL; LENSES (INCLUDING CONTACT LENSES), PRISMS, MIRRORS AND OTHER.....
View Complete Act List Judgments citing this sectionInsurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Complete Act
State: Central
Year: 2000
.....Authority Act, 1999 (41 of 1999), or in any rules or regulations made thereunder shall have the meanings respectively assigned to them in those Acts or rules or regulations. Regulation 3 Procedure for Preparation of Actuarial Report and Abstract (1) The Abstract and Statements must be so arranged that tile number and letters of the paragraphs correspond with regulation 4. (2) The Abstracts and Statements shall be furnished to the Authority, within nine months from the end of the period to which they refer to, in accordance with sub-section (1) of Sec. 15 of the Act. (3) Four copies of the Abstracts and Statements shall be furnished to the Authority in accordance with sub-section (1) of Sec. 15 of the Act, and one of the four copies so furnished shall be signed by the persons as mentioned in sub-section (2) Sec. 15 of the Act. (4) There shall be appended to every such Abstract and Statement- (a) a certificate signed by the principal officer that full and accurate particulars of every policy under which there is a liability, either actual or contingent, has been furnished to the appointed actuary for the investigation; and (b) a certificate signed by the appointed.....
List Judgments citing this sectionEnvironment Protection Act, 1986 Chapter 1
Title: Preliminary
State: Central
Year: 1986
.....means any solid, liquid or gaseous substance present in such concentration as may be, or lend to be, injurious to environment; (c) "environmental pollution" means the presence in the environment of any environmental pollutant; (d) "handling", in relation to any substance, means the manufacture, processing, treatment, package, storage transportation, use, collection, destruction, conversion, offering for sale, transfer or the like of such substance; (e) "hazardous substance" means any substance or preparation which, by reason of its chemical or physico-chemical properties or handling, is liable to cause harm to human beings, other living creatures, plants, micro-organism, property or the environment; (f) "occupier", in relation to any factory or premises, means a person who has control over the affairs of the factory or the premises and includes, in relation to any substance, the person in possession of the substance; (g) "prescribed" means prescribed by rules made under this Act. ______________________
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