Section 22, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-FJE]
As at 7 September 2026. In force from 26 January 1961.
22. Powers of Controller of Insurance.—(1) The Controller of Insurance may, for the purpose of ascertaining whether the provisions of this Act or the rules made thereunder are being complied with, at all reasonable times enter any premises where the holding of a policy is carried on, inspect any insurer found therein, and require the production of any record or register maintained under this Act. (2) The Controller of Insurance may seize any insurer in respect of which he has reason to believe that an offence under this Act has been committed. (3) The provisions of the Code of Criminal Procedure, 1973 (2 of 1974) shall, so far as may be, apply to any search or seizure under this section.
Defined terms in this text (1)
insurer: Section 2, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1GEYJ] (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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