Section 52B: Powers and duties of the Administrator

Q: What does Section 52B of The Insurance Act, 1938 (TIA) deal with?

Section 52B TIA pertains to "Powers and duties of the Administrator". It is part of the The Insurance Act, 1938, a legislation enacted by the Parliament of India. Section 52B of The Insurance Act, 1938 (TIA) governs powers and duties of the Administrator. As verified on 22 May 2026.

Q: Is Section 52B TIA still in force?

Yes, Section 52B of the The Insurance Act, 1938 is currently in force across the Republic of India.

Q: What is धारा 52B TIA?

धारा 52B TIA is the Devanagari Hindi reference for Section 52B of the The Insurance Act, 1938. Section 52B of The Insurance Act, 1938 (TIA) governs powers and duties of the Administrator. As verified on 22 May 2026.

Q: What is Dhara 52B TIA?

Dhara 52B TIA is the Roman Hindi reference for Section 52B of the The Insurance Act, 1938. "Dhara" means "Section" in Hindi. Section 52B of The Insurance Act, 1938 (TIA) governs powers and duties of the Administrator. As verified on 22 May 2026.

Q: How to cite Section 52B of The Insurance Act, 1938?

Cite as: "Section 52B, The Insurance Act, 1938 (TIA)" in legal briefs. For academic writing, use the BlueBook format: The Insurance Act, 1938, 1938, § 52B (India).

Law on Tips Editorial Board

(1)

The Administrator shall conduct the management of the business of the insurer with the greatest economy compatible with efficiency and shall, as soon as may be possible, file with the Authority a report stating which of the following courses is in the circumstances most advantageous to the general interests of the holders of life insurance policies, namely: -

(2)

On the filing of the report with the Authority, the Authority may take such action as it thinks fit for promoting the interests of the holders of life insurance policies in general.

(3)

Any order passed by the Authority under sub-section (2) shall be binding on all persons concerned, and shall have effect notwithstanding anything in the memorandum or articles of association of the insurer, of a company.