The Insurance Act 1938 | Registration of Insurers | Section 3 | Section 5 | Section 6 | Part 2

Описание: Corporate and Allied Laws: CA;

The Insurance Act 1938 | Registration of Insurers | Section 3 | Section 5 | Section 6 | Part 2;

Revision
various kinds of definitions and terminologies
Of Insurance Act 1938

Registration of Insurers

Prohibition of carrying on of Insurance business
unless registered [Section 3(3)]

Grant of Certificate of Registration[Section 2(2 A)]

Refusal of Registration [Section 3(2 B)]

Appeal against order of refusal [Section 3(2 C)]

Order of CG to be final [Section 3(2 D)]

Instances for cancellation

Prohibition on entering new contracts of insurance
after cancellation[Section 3(5 B)]

Illustration 00:01:20-00:15:36

Restriction on name of Insurer(Section 5)

Identical and Similarly deceptive names prohibited
Change of name if an insurer is registered with
identical name

Requirement As To Capital (Section 6)
Illustration 00:23:00-00:30:40


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