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Section 67, Life Insurance Corporation Act, 1956 [S1D-NY2]

As at 8 September 2026. In force from 10 July 1956.

In Life Insurance Corporation Act, 1956 [A10-F46]. This text from 27 November 2011, by Act 94 of 2011 [A11-F9M]. Other texts (2): from 10 July 1956 to 15 July 1977; from 16 July 1977 to 26 November 2011.

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

Cite: Section 67, Life Insurance Corporation Act, 1956 [S1D-NY2]. Machine: S1D-NY2.

67. 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, Life Insurance Corporation Act, 1956 [S1DKXW] (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 (4)

Section 70, Life Insurance Corporation Act, 1956 [S1D-P1N], 10 July 1956, Band A. "section 67".

Section 2, Life Insurance Corporation Act (Amendment) Act, 1977 [S1Q-HSJ], 16 July 1977, Band A. "section 67 of the Life Insurance Corporation Act, 1956 (31 of 1956)".

Section 2, Life Insurance Corporation Act (Amendment) Act, 2011 [S25-VT8], 27 November 2011, Band A. "section 67 of the Life Insurance Corporation Act, 1956 (31 of 1956)".

Rule 9, Life Insurance Corporation Act Rules, 1957 [S1E-FH3], 25 August 1957, Band A. "section 67 of the Act".

Not held (0)

none

Duties published under this section (0)

none