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Section 38: Liquidation of Corporation.

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

No provision of law relating to the winding up of companies or corporations shall apply to the corporation established under this Act, and the Corporation shall not be placed in liquidation save by order of the Central Government and in such manner as that Government may direct.

Where this provision sits

ActThe Life Insurance Corporation Act, 1956
Section38
Marginal noteLiquidation of Corporation.
JurisdictionCentral
StatusIn force as published by the source

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