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[Cites 0, Cited by 0] [Section 64L] [Entire Act]

Union of India - Subsection

Section 64L(1) in The Insurance Act, 1938

(1)The functions of the Executive Committee of the General Insurance Council shall be--
(a)to aid and advise insurers, carrying on general insurance business, in the matter of setting up standards of conduct and sound practice and in the matter of rendering efficient service to holders of policies of general insurance;
(b)to render advice to theAuthority in the matter of controlling the expenses of such insurers carrying on business in India in the matter of commission and other expenses;
(c)to bring to the notice of theAuthority the case of any such insurer acting in a matter prejudicial to the interests of holders of general insurance policies;
(d)to act in any matter incidental or ancillary to any of the matters specified in clauses (a) to (c) as with the approval of theAuthority may be notified by the General Insurance Council in the Gazette of India.