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Section 18: Offices, branches and agencies.

The Life Insurance Corporation Act, 1956Central Act · Act 31 of 1956

(1) The central office of the Corporation shall be at such place as the Central Government may, by notification in the Official Gazette, specify.

[(2) The Corporation shall establish zonal offices at Mumbai, Kolkata, Delhi, Kanpur and Chennai, and may establish such other zonal offices as it thinks fit].

(3) The territorial limits of each zone shall be such as may be specified by the Corporation.

[(4) There may be established as many divisional offices and branches in each zone as may be decided by the Corporation in accordance with the guidelines issued by the Insurance Regulatory and Development Authority established under the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999) in this regard.]

Where this provision sits

ActThe Life Insurance Corporation Act, 1956
Section18
Marginal noteOffices, branches and agencies.
JurisdictionCentral
StatusIn force as published by the source

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 40 of 2025. Subs. by Act 40 of 2025, s. 79, for sub-section (2) (w.e.f. 5-2-2026).
  • substituted, Act 8 of 2012. Subs. by Act 8 of 2012, s. 3, for sub-section (4) (w.e.f. 31-3-2012).

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