Section 41, Insurance Rules, 1939: Constitution

Section 41: Constitution

Insurance Rules, 1939Central Rules · 1938

(1) The representatives of insurers on thetariff Advisory Committee (hereinafter in this rule and in rules 42to 54 referred to as the Committee) shall be elected as follows,namely:

(a) one member to be elected by insurers registered under the Actin the public sector, that is to say, the Life Insurance Corporationof India and the insurers whose majority shares are held by the LifeInsurance Corporation of India or by the Central Government;

(b) four members to be elected by Indian insurers registered underthe Act other than those specified under Cl. (a) having theirprincipal offices in the Bombay area;

(c) two members to be elected by Indian insurers registered underthe Act other than those specified under Cl. (a) having theirprincipal offices in the Calcutta area;

(d) one member to be elected by Indian insurers registered underthe Act other than those specified under Cl. (a) having theirprincipal office in the Delhi area;

(e) two members to be elected by Indian insurers registered underthe Act other than those specified under Cl. (a) having theirprincipal offices in the Madras area;

(f) three members to be elected by insurers incorporated ordomiciled elsewhere than in India but registered in India, and havingtheir principal place of business i

Where this provision sits

Act	Insurance Rules, 1939
Section	41
Marginal note	Constitution
Jurisdiction	Central
Status	In force as published by the source

Act

Insurance Rules, 1939

Section

Marginal note

Constitution

Jurisdiction

Central

Status

In force as published by the source

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