Section 41

Tribunal to have exclusive jurisdiction in certain matters.

The Life Insurance Corporation Act, 1956

  • Act 31 of 1956
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for the nationalisation of life insurance business in India by transferring all such business to a Corporation established for the purpose and to provide for the regulation and control of the business of the Corporation and for matters connected therewith or incidental thereto.

All sections
    No civil court shall have jurisdiction to entertain or adjudicate upon any matter which a Tribunal is empowered to decide or determine under this Act.
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