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Section 19: Executive Committee.

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

[19. Executive Committee.---(1) The Board may constitute an Executive Committee of the Board, consisting of---

(i) the Chief Executive;

(ii) Managing Directors;

(iii) the director referred to in clause (d) of sub-section (2) of section 4; and

(iv) four directors nominated by the Board from amongst the directors referred to in clauses (e), (f) and (g) of sub-section (2) of section 4.

(2) The Executive Committee of the Board shall exercise such powers as the Board may entrust to it.]

Where this provision sits

ActThe Life Insurance Corporation Act, 1956
Section19
Marginal noteExecutive Committee.
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 13 of 2021. Subs. by Act 13 of 2021, s. 132, for s. 19 (w.e.f. 30-6-2021).

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