Section 46, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-GA8]
As at 6 September 2026. In force from 26 January 1961.
46. Registration of insurers.—(1) Every insurer shall, within thirty days from the commencement of this Act or, where such person begins the carrying on of insurance business after such commencement, within thirty days from the date of such beginning, make an application for registration to the Authority in Form IRDA-2, accompanied by a fee of five thousand rupees. (2) The Authority shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No insurer shall carry on the carrying on of insurance business unless registered under this section.
Defined terms in this text (2)
Authority: Section 2, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1GEYJ] (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, 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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