Where any property or rights appertaining to the controlled business of an insurer are transferred to and vested in the Corporation under this Act or would be so transferred and vested but for the fact that such transfer and vesting are governed otherwise than by the law of India, the insurer shall comply with such directions as may be given to him by the Corporation for the purpose of securing that the ownership of the property or, as the case may be, that the right is effectively transferred to the Corporation.
Section 33: Requirement of foreign laws to be complied with in certain cases.
The Life Insurance Corporation Act, 1956Central Act · Act 31 of 1956
Where this provision sits
| Act | The Life Insurance Corporation Act, 1956 |
|---|---|
| Section | 33 |
| Marginal note | Requirement of foreign laws to be complied with in certain cases. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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