Section 2DCentral Act

Section 2D: Insurers to be subject to this Act while liabilities remain unsatisfied.

The Insurance Act, 1938

¹[2D. Insurers to be subject to this Act while liabilities remain unsatisfied. -- Every insurer shall be subject to all the provisions of this Act in relation to any class of insurance business so long as his liabilities in ²[India] in respect of business of that class remain unsatisfied or not otherwise provided for.]

1. Sections (2A) and (2B) renumbered as sections (2D) and (2E) thereof by Act 47 of 1950, s. 6 (w.e.f. 1-6-1950).
2. Subs. by Act 62 of 1956, s. 2 the Schedule, for "the States" (w.e.f. 1-11-1956).

Sec 2CB — Properties in India not to be insured with foreign insurers except with the permission of Authority.

Sec 2E — [Omitted.].

Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.