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IRDA Act 1999

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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY ACT, 1999 An Act To provide for the establishment of an Authority to protect the interests of holders of insurance policies, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto and further to amdend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the General Insurance Business(Nationalisation) Act, 1972. BE it enacted by Parliament in Fiftieth Year of Republic of India as follows:- CHAPTER I PRELIMINARY 1. SHORT TITLE, EXTENT AND COMMENCEMENT.---(

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