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Section 64: Books to be kept by insurers established outside India.

The Insurance Act, 1938Central Act · Act 4 of 1938

Every insurer, having his principal place of business or domicile outside [India]., Shall keep at his principal office in [India]. such books of account, registers and documents as will enable the accounts, statements and abstracts which he is required under this Act to furnish to the [Authority] in respect of the insurance business transacted by him, in India to be compiled and, if necessary, checked by the [Authority] [and shall furnish to the [Authority] on or before the last day of January in every calendar year a certificate from an auditor to the effect that the said books of account, register and documents are being kept as required at the principal office of the insurer in India].

Where this provision sits

ActThe Insurance Act, 1938
Section64
Marginal noteBooks to be kept by insurers established outside India.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it3

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 62 of 1956. . Subs. by Act 62 of 1956, s. 2 and the Schedule, for "the States" (w.e.f. 1-11-1956).
  • substituted, Act 41 of 1999. . Subs. by Act 41 of 1999, s. 30 and the First Schedule, for "Controller" (w.e.f. 19-4-2000).
  • added, Act 47 of 1950. . Added by Act 47 of 1950, s. 44 (w.e.f. 1-6-1950).

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