Section 16, Insurance Act, 1938 [S18-72G]
As at 6 September 2026. In force from 4 July 1938.
16. Power to issue directions.—(1) The Authority may, by order in writing, direct any insurer to take such measures in relation to the carrying on of insurance business as may be specified in the order, and such person shall comply with the direction within the period specified therein. (2) An order under sub-section (1) shall state the reasons on which it is made and shall be served on the person to whom it is addressed in such manner as may be prescribed.
Defined terms in this text (2)
Authority: Section 2, Insurance Act, 1938 [S186MX] (In this Act, unless the context otherwise requires,—): "Authority" means the Insurance Regulatory and Development Authority of India established under section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)
Authority: 22 more definitions.
insurer: Section 2, Insurance Act, 1938 [S186MX] (In this Act, unless the context otherwise requires,—): "insurer" means an Indian insurance company or a statutory body established by an Act of Parliament to carry on insurance business
insurer: 7 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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