Bare ActsThe Insurance Act, 1938

Section 2D

Insurers to be subject to this Act while liabilities remain unsatisfied.

Amendment status not verified — confirm the current text below against the official source.

1 [2D. Insurers to be subject to this Act while liabilities remain unsatisfied. -- Every insurer shall be subject to all the provisions of this Act in relation to any class of insurance business so long as his liabilities in 2 [India] in respect of business of that class remain unsatisfied or not otherwise provided for.]

Amended up to 2019-03-25View on India Code →
Section 2D – The Insurance Act, 1938 | DailyLaw.ai