Duty D11-2VZ, published by Department of Financial Services, Ministry of Finance [D11-2VZ]
As at 6 September 2026. In force from 1 December 1971.
Addressee: Every insurer.
Required: Obtain a licence before undertaking the carrying on of insurance business; apply in Form IRDA-2, fee one thousand rupees.
Period: Before the activity begins; licence valid three years.
Form: Form IRDA-2.
Source: Section 6, Emergency Risks (Under-Takings) Insurance Act, 1971 [S1M-YJ5].
Penalty provision: Section 31, Emergency Risks (Under-Takings) Insurance Act, 1971 [S1M-ZBP].
Published by: Department of Financial Services, Ministry of Finance.
In force: from 1 December 1971.