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Question

As per the Insurance Act, 1938 every insurer, being a company or body incorporated under any law for the time being in force in India, shall furnish _______________

A To the policy holder a certified copy of the minutes of the proceedings of every general meeting within three months from the holding of the meeting to which it relates Correct Answer Incorrect Answer
B To the Authority a certified copy of the minutes of the proceedings of every general meeting within thirty days from the holding of the meeting to which it relates Correct Answer Incorrect Answer
C Both the above Correct Answer Incorrect Answer
D None of the above Correct Answer Incorrect Answer
E To either of the above at its discretion Correct Answer Incorrect Answer

Solution

To the Authority a certified copy of the minutes of the proceedings of every general meeting within thirty days from the holding of the meeting to which it relates, Explanation: Section 19 Abstract of proceedings of general meetings- Every insurer, being a company or body incorporated under any law for the time being in force in India, shall furnish to the Authority a certified copy of the minutes of the proceedings of every general meeting, as entered in the Minutes Book of the insurer within thirty days from the holding of the meeting to which it relates

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