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Report No. 112

Section 45 of the Insurance Act, 1938

Contents
Chapter 1 Introductory
1.1 Scope of the report
2. Section 45, Insurance Act, 1938
3. Date from which the period of 2 years is counted
4. Effect of the Life Insurance Corporation Act, 1956
Chapter 2 Scope of Section 45 of the Insurance Act, 1938
2.1. Scope of section 45
2. LIC and section 45
Chapter 3 Working of the Section and the Problems arising there from
3.1. Judicial decisions
2. Category (a)
3. Category (b)
4. Category (c)
5. The Problem
Chapter 4 The Position in other Countries
4.1. The Position in U.K
2. The Position in Australia
3. The Position in the U.S
Chapter 5 Comments Received on the working Paper
5.1 Comments on the Working Paper
Chapter 6 Recommendations
6.1. Recommendations
2. How section 45 should be recast


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