Section 3: Establishment and incorporation of Life Insurance Corporation of India.

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

(1) With effect from such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be established a Corporation called the Life Insurance Corporation of India.

(2) The Corporation shall be a body corporate having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property, and may by its name sue and be sued.

Where this provision sits

Act	The Life Insurance Corporation Act, 1956
Section	3
Marginal note	Establishment and incorporation of Life Insurance Corporation of India.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	2

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