Sections | Insurance Act, 1938 |
| |
| PART III: PROVIDENT SOCIETIES |
65. | Definition of "provident society" |
65A. | Prohibition of transaction of insurance business by provident societies other than public companies or co‑operative societies |
66. | Restrictions on provident societies |
67. | Name |
68. | Repealed |
69. | Dividing business |
70. | Registration |
70A. | Renewal of registration |
70B. | Supplementary information and reports of alterations in particulars furnished with application for registration |
71. | Certain provisions of Part II to apply to provident societies |
72. | Working capital |
73. | Deposits |
73A. | Restriction on name of provident society |
74. | Rules |
75. | Amendment of rules |
76. | Supply of copy of rules |
77. | Registered office |
78. | Publication of authorised capital to contain also subscribed and paid-up capital |
79. | Registers and books |
80. | Revenue account, balance sheet and annual statements |
81. | Actuarial report and abstract |
82. | Submission of returns to Authority |
83. | Actuarial examination of schemes |
84. | Separation of accounts and funds |
85. | Investment funds |
86. | Inspection of books |
87. | Inquiry by or on behalf of Authority |
87A. | Amalgamation and transfer of insurance business |
88. | Winding up by court and voluntary winding up |
89. | Reduction of insurance contracts |
90. | Appointment of liquidator |
90A. | Application of Act to liquidators |
91. | Powers of liquidator |
92. | Procedure at liquidation |
93. | Dissolution of provident society |
94. | Nominations and assignments |
| |
| PART IV: MUTUAL INSURANCE COMPANIES AND CO OPERATTVE LIFE INSURANCE SOCIETIES |
95. | Definitions |
96. | Application of Act to Mutual Insurance Companies and Co-operative Life Insurance Societies |
97. | Working capital of Mutual Insurance Companies and Co‑operative Life Insurance Societies |
98. | Deposits to be made by Mutual Insurance Companies and Co‑operative Life Insurance Societies |
98A. | Prohibition of loans |
99. | Transferees and assignees of policies not to become members |
100. | Publication of notices and documents of Mutual Insurance Companies and Co‑operative Life Insurance Societies |
101. | Supply of documents to members |
| |
| PART IVA: RE INSURANCE |
101A. | Re‑insurance with Indian re‑insurers |
101B. | Advisory Committee |
101C. | Examination of re‑insurance treaties |
| |
| PART V: MISCELLANEOUS |
102. | Penalty for default in complying with, or act in contravention of, this Act |
103. | Penalty for carrying on insurance business in contravention of sections 3, 7 and 98 |
104. | Penalty for false statement in document |
105. | Wrongfully obtaining or withholding property |
105A. | Offences by companies |
105B. | Penalty for failure to comply with section 32B |
105C. | Penalty for failure to comply with section 32C |
106. | Power of court to order restoration of property of insurer or compensation in certain cases |
106A. | Notice to and hearing of Authority |
107. | Previous sanction of Advocate-General for institution of proceedings |
107A. | Chairman, etc. to be public servants |
108. | Power of court to grant relief |
109. | Cognizance of offences |
110. | Appeals |
110A. | Delegation of powers and duties of Chairperson of the Authority |
110B. | Signature of documents |
110C. | Power to call for information |
110D. | Certain claims for compensation barred |
110E. | Sections 3A, 27B, 28B, 33, etc., to apply to general insurance business of the Life Insurance Corporation of India |
110F. | Provisions applicable to State Governments, etc. |
110G. | Constitution of Consultative Committee |
110H. | Appeals |
111. | Service of notices |
112. | Declaration of interim bonuses |
113. | Acquisition of surrender values by policy |
114. | Power of Central Government to make rules |
114A. | Power of authority to make regulation |
115. | Alteration of forms |
116. | Power to exempt from certain requirements |
116A. | Summary of returns to be published |
117. | Saving of provisions of Indian Companies Act, 1913 |
118. | Exemptions |
119. | Inspection and supply of copies of published prospectus, etc. |
120. | Determination of market value of securities deposited under this Act |