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[Cites 0, Cited by 0] [Section 37A(2)] [Section 37A] [Entire Act]

Union of India - Subsection

Section 37A(2)(g) in The Insurance Act, 1938

(g)the payment in cash or otherwise to policy-holders, and other creditors in full satisfaction of their claim,--
(i)in respect of their interest or rights in or against the insurer before the amalgamation; or
(ii)where their interest or rights aforesaid in or against the insurer has or have been reduced under clause (f) in respect of such interest or rights as so reduced;