INDIA CODE
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General Insurance Business (Nationalisation) Act, 1972 [A10-P33]

As at 7 September 2026. In force from 21 April 1972.

Dates: made 21 April 1972; in force 21 April 1972; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: General Insurance Business (Nationalisation) Act, 1972, Act 57 of 1972 [A10-P33]. Machine: A10-P33.

Sections (16)

Chapter I. PRELIMINARY

Chapter II. CONTROLLER

Section 1. Short title, extent and commencement [S1N-9TB]

Section 2. Definitions [S1N-9V9]

Section 3. Appointment of Controller [S1N-9W7]

Section 4. Registration of contractors [S1N-9X5]

Section 5. Prohibition of the carrying on of business without licence [S1N-9Y3]

Section 6. Grant of licence [S1N-9Z1]

Section 7. Maintenance of records and furnishing of returns [S1N-A0P]

Section 8. Powers of Secretary [S1N-A1M]

Section 9. Power to issue directions [S1N-A2J]

Section 10. Penalty for contravention [S1N-A3G]

Section 11. Offences by companies [S1N-A4Y]

Section 12. Appeal [S1N-A5W]

Section 13. Cognizance of offences [S1N-A6T]

Section 14. Protection of action taken in good faith [S1N-A7R]

Section 15. Power to make rules [S1N-A86]

Section 16. Power to remove difficulties [S1N-A94]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (1)

Amends: General Insurance Business (Nationalisation) Act (Amendment) Act, 1975 [A10-QJ0], 28 February 1975. "section 7 of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972)".

Not held (0)

none

General Insurance Business (Nationalisation) Act, 1972 [A10-P33]