Section 44, Insurance Regulatory and Development Authority Act, 1999 [S1Z-X3W]
As at 28 May 2001. In force from 28 May 2001 by S.O. 1660(E) [N12-ASH].
44. Appeal.—(1) Any person aggrieved by an order of the Authority under this Act may, within sixty 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 Regulatory and Development Authority Act, 1999 [S1ZVSN] (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 (2)
Section 47, Insurance Regulatory and Development Authority Act, 1999 [S1Z-X6P], 8 May 1999, Band A. "section 44".
Section 2, Insurance Regulatory and Development Authority Act (Amendment) Act, 2015 [S27-5B8], 9 August 2015, Band A. "section 44 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)".
Not held (0)
none
Duties published under this section (0)
none