Companies not to engage in actuarial practice
Section 39 of the Actuaries Act, 2006 deals with companies not to engage in actuarial practice. No company, whether incorporated in India or elsewhere, shall practice as Actuaries. The Act came into force on 10 Nov 2006.
(1) No company, whether incorporated in India or elsewhere, shall practice as Actuaries.
(2) Any company contravening the provisions of sub-section (1) shall be punishable on first conviction with fine which may extend to ten thousand rupees, and on any subsequent conviction with fine which may extend to twenty-five thousand rupees.
Section 39, The Actuaries Act, 2006 (Act 35 of 2006).
Questions about Section 39
What does Section 39 of the Actuaries Act deal with?
Section 39 of the Actuaries Act is headed "Companies not to engage in actuarial practice". No company, whether incorporated in India or elsewhere, shall practice as Actuaries.
How do I find court cases under Section 39 of the Actuaries Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Actuaries Act 2006 39, section 39 Actuaries Act 2006, section 39 of the Actuaries Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 39 of the Actuaries Act come into force?
Section 39 of the Actuaries Act, cited as Actuaries Act 2006 39, came into force on 10 Nov 2006, having been enacted on 27 Aug 2006. It is in force as at the date shown on this page.
Other sections of this Act
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- 6. Entry of names in register381 words
- 19. Functions of Council380 words
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Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 19 Oct 2026. This page is not a substitute for legal advice.