Section 48B: Further provision regrding direction

Q: What does Section 48B of The Insurance Act, 1938 (TIA) deal with?

Section 48B TIA pertains to "Further provision regrding direction". It is part of the The Insurance Act, 1938, a legislation enacted by the Parliament of India. Section 48B of The Insurance Act, 1938 (TIA) governs further provision regrding direction. As verified on 22 May 2026.

Q: Is Section 48B TIA still in force?

Yes, Section 48B of the The Insurance Act, 1938 is currently in force across the Republic of India.

Q: What is धारा 48B TIA?

धारा 48B TIA is the Devanagari Hindi reference for Section 48B of the The Insurance Act, 1938. Section 48B of The Insurance Act, 1938 (TIA) governs further provision regrding direction. As verified on 22 May 2026.

Q: What is Dhara 48B TIA?

Dhara 48B TIA is the Roman Hindi reference for Section 48B of the The Insurance Act, 1938. "Dhara" means "Section" in Hindi. Section 48B of The Insurance Act, 1938 (TIA) governs further provision regrding direction. As verified on 22 May 2026.

Q: How to cite Section 48B of The Insurance Act, 1938?

Cite as: "Section 48B, The Insurance Act, 1938 (TIA)" in legal briefs. For academic writing, use the BlueBook format: The Insurance Act, 1938, 1938, § 48B (India).

Law on Tips Editorial Board

(1)

An insurer specified in sub-clause (b) of clause (9) of section 2 and carrying on life insurance business shall not have a common director with another such insurer.

(2)

The Authority may, for such period, to such extent and subject to such conditions as it may specify, exempt from the operation of the section—