Section 39 in The Insurance Act, 1938
39. Nomination by policy-holder.--
(1) The holder of a policy of life insuranceon hi s own life
Section 39 in The Employees' State Insurance Act, 1948
39. Contributions.
(1) The contribution payable under this Act in respect of an employee shall
Section 39 in The Life Insurance Corporation Act, 1956
39. Special provisions for winding up of certain insurers. -
Where any insurer being a company (other
from the insurance policy without deciding the question of title. The language used in sub-section (6) of Section 39 , Insurance Act does ... protected by Section 6 , Married Women's Property Act. Sub-section (7) states that the whole of Section 39 of the Act shall
life. The insurance is not, therefore a life insurance within the meaning of Sub-section (11) of Section 2 of the Insurance Act ... contemplation of Section 39 of the Insurance Act.
12. Sub-section (1) of Section 39 provides that the holder of a policy of life insurance
governed by Section 38 of the Insurance Act and not by Section 130 of the Transfer of Property Act.
31. Section 39 of the Insurance ... money should the owner die.
All that Sub-section (6) of Section 39 , Insurance Act does is to confer on the nominee the right
governed by Section 38 of the Insurance Act and not by Section 130 of the Transfer of Property Act.
35. Section 39 of the Insurance ... money should the owner die.
All that Sub-section (6) of Section 39 , Insurance Act, does is to confer on the nominee the right
Insurance Act, 1938 (Act IV of 1938) as amended by Section 20 of the Insurance Amendment Act, 1946 (VI of 1946).
"39 ... Section 38 of the Insurance Act which provides for the assignment and transfer of insurance Policies.
If the nomination is made only under Section 39
39 of the Insurance Act, 1938 by virtue of the insurance
laws [Amendment Act 5/2015 (w.e.f. 26.12.2014)], inasmuch as, sub-section ... Section 39 was amended by virtue of the Amendment
Act 5/2015 w.e.f. 26.12.2014. The amended Section 39 is as follows:
39. Nomination
will be appropriate to
extract Sub Sections 7 to 10 of Section 39 of the Insurance Act, 1938,
hereunder:
"39. Nomination by Policy holder ... meaning of Section 39 of the Act and hold that a mere
nomination made under Section 39 of the Act does not have the effect