Section 16, Marine Insurance Act, 1963 [S1J-014]
As at 7 September 2026. In force from 27 September 1963.
16. Appeal.—(1) Any person aggrieved by an order of the Authority under this Act may, within thirty 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, Marine Insurance Act, 1963 [S1HZKE] (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 (1)
Section 19, Marine Insurance Act, 1963 [S1J-04E], 27 September 1963, Band A. "section 16".
Not held (0)
none
Duties published under this section (0)
none