(1) No suit, prosecution or other legal proceeding shall lie against any Custodian or authorised person in respect of anything which is in good faith done or intended to be done under this Ordinance.
(2) No suit or other legal proceeding shall lie against the Central Government or any Custodian or authorised person for any damage caused or likely to be caused by anything which is in good faith done or intended to be done under this Ordinance.
New certificate oi registration not to be issued.
14. Notwithstanding the provisions of section 3 of the Insurance Act, the Controller of Insurance shall not, after the appointed day, issue any new certificate of registration under that section to any person.
Ordinance where not to apply.
15. Nothing contained in this Ordinance shall apply to—
(a) any Insurer whose business is being voluntarily wound up or Is being wound up by a Court;
(b) any insurer to whom the Insurance Act does not apply by reason of the provisions contained in section 2E thereof;
(c) the Calcutta Hospital and Nursing Home Benefit Association Limited;
SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 14!
(d) the Export Credit Guarantee Corporation;
(e) the Deposit Insurance Scheme;
(/) any scheme of insurance which might be exempted by the Central Government relating to—
(i) crop and cattle,
(ii) war risks,
(lii) emergency risks;
(g) general insurance business carried on by a State Government or bv the Life Insurance Corporation of India.