Section 63, Actuaries Act, 2006 [S23-12F]

As at 6 September 2026. In force from 24 July 2006.

In Actuaries Act, 2006 [A11-B0P]. This text from 24 July 2006. No other text held.

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

Cite: Section 63, Actuaries Act, 2006 [S23-12F]. Machine: S23-12F.

63. 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, Actuaries Act, 2006 [S22Z5Y] (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 66, Actuaries Act, 2006 [S23-151], 24 July 2006, Band A. "section 63".

Not held (0)

none

Duties published under this section (0)

none