Section 41:
Tribunal to have exclusive jurisdiction in certain matters.
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.
31/1956 - The Life Insurance Corporation Act, 1956 ▶
Act Number: 31
Act Name: The Life Insurance Corporation Act, 1956
Year: 1956
Enactment Date: 1956-06-18
Long Title: 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.
Ministry: Ministry of Finance
Department: Department of Financial Services