Section 34A: Amendment of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Authority

Q: What does Section 34A of The Insurance Act, 1938 (TIA) deal with?

Section 34A TIA pertains to "Amendment of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Authority". It is part of the The Insurance Act, 1938, a legislation enacted by the Parliament of India. Section 34A of The Insurance Act, 1938 (TIA) governs amendment of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Authority. As verified on 22 May 2026.

Q: Is Section 34A TIA still in force?

Yes, Section 34A of the The Insurance Act, 1938 is currently in force across the Republic of India.

Q: What is धारा 34A TIA?

धारा 34A TIA is the Devanagari Hindi reference for Section 34A of the The Insurance Act, 1938. Section 34A of The Insurance Act, 1938 (TIA) governs amendment of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Authority. As verified on 22 May 2026.

Q: What is Dhara 34A TIA?

Dhara 34A TIA is the Roman Hindi reference for Section 34A of the The Insurance Act, 1938. "Dhara" means "Section" in Hindi. Section 34A of The Insurance Act, 1938 (TIA) governs amendment of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Authority. As verified on 22 May 2026.

Q: How to cite Section 34A of The Insurance Act, 1938?

Cite as: "Section 34A, The Insurance Act, 1938 (TIA)" in legal briefs. For academic writing, use the BlueBook format: The Insurance Act, 1938, 1938, § 34A (India).

Law on Tips Editorial Board

(1)

In the case of an insurer, —

(2)

Nothing contained in sections 268 and 269 , the proviso to sub-section (3) of section 309 , sections 310 and 311 , the proviso to section 387 , and section 388 (in so far as section 388 makes the provisions of sections 310 and 311 apply in relation to the manager of a company) of the Companies Act, 1956 ( 1 of 1956 ), shall apply to any matter in respect of which the approval of theauthority has to be obtained under sub-section (1).

(3)

No act done by a person as a managing or whole-time director or a director not liable to retire by rotation or a manager or a chief executive officer, by whatever name called, shall be deemed to be invalid on the ground that it is subsequently discovered that hi s appointment or re-appointment had not taken effect by reason of any of the provisions of this Act; but nothing in this sub-section shall be construed as rendering valid any act done by such person after hi s appointment or re-appointment has been shown to the insurer not to have had effect.