Section 47, Insurance Act, 1938 [S18-81F]
As at 10 June 1958. In force from 4 July 1938.
47. Appeal.—(1) Any person aggrieved by an order of the Authority under this Act may, within ninety days from the date on which the order is communicated to him, prefer an appeal to the Securities Appellate Tribunal in such form and accompanied by such fee as may be prescribed. (2) The appellate authority may, after giving the appellant an opportunity of being heard, confirm, modify or set aside the order appealed against. (3) No appeal shall lie under this section against an order made with the consent of the parties.
Defined terms in this text (1)
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.
Made under this section, or naming it (0)
none
Cited by (3)
Section 50, Insurance Act, 1938 [S18-845], 4 July 1938, Band A. "section 47".
Section 2, Insurance Act (Amendment) Act, 1958 [S1F-B2R], 10 June 1958, Band A. "section 47 of the Insurance Act, 1938 (4 of 1938)".
Section 2, Insurance Act (Amendment) Act, 1964 [S1J-4T7], 22 May 1964, Band A. "section 47 of the Insurance Act, 1938 (4 of 1938)".
Not held (0)
none
Duties published under this section (0)
none