respect of particular
categories in insurance policies."
Section 64VB of the Insurance Act, 1938 lays down that an
insurance policy takes effect from ... plaintiff. The plaintiff cannot
enforce an insurance policy contrary to Section 64VB of the Insurance
Act, 1938. Since an insurance policy will commence from
19th January, 1957, both of life insurance and general insurance. Under Section 10 of the Insurance Act, 1938, the Warden Insurance Co. Ltd. (hereinafter referred ... Thus, all amounts which constituted the life insurance fund under Section 10 of the Insurance Act, 1938, became vested in the LIC under the provisions
opined that the assignment of life insurance policy was permissible under Section 38 of the Insurance Act, 1938. Inspite of this the Nasik Division refused ... Insurance Regulatory Act. The Corporation which was carrying on life insurance business in accordance with the provisions of the Insurance Act, 1938 , ceased to have
covered by the Provident Insurance Societies Act which regulated the Life Insurance Companies. The said Act was amended by Act 20 of 1928 primarily ... insurance policy, to regulate, promote and to ensure orderly growth of insurance industry and also to amend the existing Insurance Act, 1938 brought the Insurance
declare Circular No.032/IRDA/Act/Dec-2005 dated 21.12.2005 as ultra vires the Insurance Act, 1938 so far as it relates to the deduction ... Section 40-A of the Insurance Act. It is submitted that Section 40-A of the Insurance Act, 1938 also prohibits payment of infrastructure/administrative
Insurance Act, 1938 was enacted by the Insurance (Amendment) Act, 1968 . The Insurance Act, 1938 was amended by adding part ... insurance policy to regulate, promote and ensure orderly growth of the insurance industry and matter connected therewith and further to amend the Insurance Act, 1938
main ground that as per the amended Section 39 of the Insurance Act, 1938, she
alone is entitled to the said amount ... petitioner. It is argued that the amended section 39 of the
Insurance Act, 1938 will not override the right of succession of the class
provisions contained under Section 39 (7), (8) & (10) of
the Insurance Act, 1938 . Placing reliance on the
provisions contained under Section ... contention of the Appellant is that Section 39 of the
Insurance Act, 1938 was amended by The Insurance Laws
(Amendment) Act, 2015 which has come
IRDA
as set out under the Companies Act, 2013 and Section 34A of the
Insurance Act, 1938. Hence, any Board of Directors constituted
pursuant ... three
Central enactments, i.e., GIBNA, 1972, IRDA Act, 1999 and
Insurance Act, 1938 are a complete code in themselves. In other
words, once
parties before the competent Court. An amendment was brought to the
Insurance Act, 1938 in the year 2015. By virtue of this amendment, the
line ... stood almost obliterated. The nominee about whom Section 39 of the
Insurance Act, 1938, talks about is considered to be a beneficiary nominee
