Judgment Search Results Home > Cases Phrase: insurance act 1938 4 of 1938 section 7 deposits Page 1 of about 288,194 results (0.661 seconds)

Vanguard Fire and General Insurance Co. Ltd. Vs. Fraser and Ross, Char ...

Court : Chennai

Reported in : AIR1959Mad336; (1959)2MLJ104

..... :"in exercise of the powers conferred by sub-section (1) of section 33 of the insurance act, 1938 (iv of 1938), the central government hereby directs the controller of insurance to investigate the affairs of the vanguard insurance company ltd. and the vanguard fire and general insurance company ltd., madras, and to report to the central government on the investigation made by ..... your letter dated 9-10-1957, on the above subject, 1 have to invite a reference to the provisions of section 20 of the insurance act, 1938, and to say that even though the registration of the company for transacting fire, marine, and miscellaneous classes of ..... that the company was bound by the provisions of the insurance act, 1938.in accordance with the requirements of that act, the company applied for and obtained certificate of registration for carrying on the aforesaid classes of insurance business. the necessary deposit to be made under section 7 of that act was also made. at an extraordinary general meeting of .....

Divisional Manager, United India Insurance Co. Ltd. Vs. Smt. Labanga S ...

Court : Orissa

Reported in : 2000ACJ1259; AIR1999Ori193

..... advance.-- (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the ..... note. accordingly, the tribunal was justified in holding that the vehicle in question was validly insured with the appellant on the date of the accident.7. as the question was raised, a reference may be made to sub-sections (1), (2) and (4) of section 64vb of the insurance act, 1938 which reads thus :'64vb. no risk to be assumed unless premium is received in .....

The Apex Co-operative Bank of Urban Bank of Maharashtra and Goa Ltd. V ...

Court : Supreme Court of India

Reported in : AIR2004SC141; 2004(5)ALLMR(SC)26; [2003]117CompCas618(SC); JT2003(8)SC170; 2003(9)SCALE84; (2003)11SCC66; [2003]48SCL319(SC); 2004(1)LC441(SC); (2004)1UPLBEC341

..... was trying to wriggle out the provisions of law. similarly in vanguard fire insurance company's case the question was whether the word 'insurer' in section 33 of the insurance act, 1938 included a company which had closed insurance business. this court held that the word 'insurer' referred not only to a person who was actually carrying on business but ..... banking business'. he submitted that banking business has a specific meaning as defined in section 5(b) of the banking regulation act, 1949. he submitted that in the writ petition it was ambiguously stated in paragraph 4 as follows:'the petitioners further say that, in any event, under clause [u] of section 2 of the nabard ..... the ncbi as also other banks similar to those proposed by you within the definition of co-operative bank's under the banking regulation act, 1949 (as applicable to co-operative societies).' 4. the appellants then got themselves registered as a multi state co-operative society under the multi state co-operative societies .....

The Superintendent of Insurance Vs. Navabharat Insurance Company Ltd.

Court : Mumbai

Reported in : AIR1943Bom81; (1943)45BOMLR41

..... j.1. this is a special case stated for the opinion of the court as to the true construction of section 27(1) of the indian insurance act, 1938.2. section 27 provides for the making of a deposit by insurance companies incorporated or domiciled in british india, and in construing such a section one must remember the reason why, in the case of ..... covered, and deduct further the amount of the loans, because to that extent the policies have been in effect already discharged, and the balance represents the uncovered liability of the insurer, and on those uncovered liabilities the deposit of fifty-five per cent. has to be made; twenty-five per cent. of such uncovered liabilities to be invested in government ..... . the figures are all agreed, and he has stated in paragraph 7 of the case the amount of deposit required on that basis.4. the contention of the defendants is that to work out the section you ascertain the gross liabilities, and then take fifty-five per cent. of such gross liabilities, and .....

Maitreya Services Private Limited Lawrence Trade Centre Co-op Hsg. Soc ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... defined in clause (f) of section 45-i of the reserve bank of india act, 1934 (2 of 1934); (iii) being a contract of insurance to which the insurance act, 1938 (4 of 1938), applies; (iv) providing for any scheme, pension scheme or the insurance scheme framed under the employees provident fund and miscellaneous provisions act, 1952 (19 of 1952); (v) under which deposits are accepted under section 58a of ..... the companies act, 1956 (1 of 1956); (vi) under which deposits are accepted by a company .....

National Insurance Co. Ltd. Vs. Ram Krishna Mishra and ors.

Court : Orissa

Reported in : 1994ACJ776

..... interpolation and the policy in question admittedly having been issued making it effective from 2.5.1986, the insurer is liable to pay the compensation.4. mr. basu appearing for the insurer in both these appeals contends that under the provisions of the insurance act, 1938, the insurer is not liable to assume risk unless and until necessary deposit of the premium amount is made in advance ..... in the prescribed manner as contained in section 64-vb of the act and since admittedly the premium amount in .....

Gopal and anr. Vs. Bhagwantibai and ors.

Court : Madhya Pradesh

Reported in : 2009(1)MPHT68

..... india in respect of any insurance business on which premium is not ordinarily payable outside india ..... favour of respondent no. 4 on that date which is evident from exh. d-7, therefore in view of section 64-vb of the insurance act, 1938, learned tribunal committed error in exonerating the respondent no. 4. for this contention, reliance was placed on section 64-vb of the insurance act, which lays down that-no insurer shall assume any risk in ..... who has stated that premium was paid by appellant no. 2 and after debiting the account of appellant no. 2 the same was given to respondent no. 4/insurance company on 17-12-1998 itself and statement of accountant is exh. d-6, which shows that on 17-12-98, amount of premium was debited in .....

Highland Holiday Homes (P.) Ltd. Vs. Securities and Exchange Board of

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... section 45-1 of the reserve bank of india act, 1934 (2 of 1934); (iii) being a contract of insurance to which the insurance act, 1938 (4 of 1938), applies; (iv) providing for any scheme, pension scheme or the insurance scheme framed under the employees provident fund and miscellaneous provisions act, 1952 (19 of 1952); (v) under which ..... deposits are accepted under section 58a of the companies act, 1956 (1 of 1956); ( ..... to operate till such time regulations are made under clause (d) of sub-section (2) of section 30." 4. collective investment scheme has been defined in section 11aa of the act, as under :-- "collective investment scheme.--(1) any scheme or arrangement which satisfied the conditions referred to in sub-section .....

Surabhi Agro Tech. Ltd. Vs. Securities and Exchange Board of India

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... section 45-i of the reserve bank of india act, 1934 (2 of 1934); (iii) being a contact of insurance to which the insurance act, 1938 (4 of 1938), applies; (iv) providing for any scheme, pension scheme or the insurance scheme framed under the employees provident fund and miscellaneous provisions act, 1952 ( 19 of 1952); (v) under which ..... deposits are accepted under section 58a of the companies act, 1956 (1 of 1956); (vi ..... of chit business as defined in clause (d) of section 2 of the chit fund act, 1982 ( 40 of 1982); (viii) under which contributions made are in the nature of subscription to a mutual fund; 4. the 1999 regulation provides for regulating the new entrant collective investment schemes and the existing collective .....

Guru Teak Investment (Mysore) Vs. Securities and Exchange Board of Ind ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2005)64SCL403SAT

..... of section 45-i of the reserve bank of india act, 1934 (2 of 1934); "(iii) being a contract of insurance to which the insurance act, 1938 (4 of 1938), applies; "(iv) providing for any scheme, pension scheme or the insurance scheme framed under the employees provident fund and miscellaneous provisions act, 1952 (19 of 1952); "(v) under which ..... deposits are accepted under section 58a of the companies act, 1956 (1 of 1956); "( ..... the facts leading to the passing of the impugned order may be briefly stated as follows: 4. the appellant m/s. guru teak investment (mysore) private limited is a company incorporated under the companies act, 1956 on 01/02/1996. the main objective was to carry on business under collective investment .....