Associates and fellows
Section 7 of the Actuaries Act, 2006 deals with associates and fellows. The members of the Institute shall be divided into two classes designated respectively as associates and fellows. The Act came into force on 10 Nov 2006.
(1) The members of the Institute shall be divided into two classes designated respectively as associates and fellows.
(2) Any person other than a person to whom the provisions of sub-section (3) apply, shall, on his name being entered in the register, be deemed to have become an associate and as long as his name remains so entered, shall be entitled to use the letters AIAI after his name to indicate that he is an associate.
(3) Any person who was a fellow of the Actuarial Society and who is entitled to have his name entered in the register under clause (a) of sub-section (1) of section 6 shall be entered in the register as a fellow.
(4) Any person whose name is entered in the register as fellow shall, so long as his name remains so entered, be entitled to use the letters "AIAI" after his name to indicate that he is a fellow.
Section 7, The Actuaries Act, 2006 (Act 35 of 2006).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 1
Related judgements & precedents
These are some judgments that construed this section, and hold precedence value. They hold authority on how to read, interpret and use this section.
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Divvela Ramaiah & Anr. v. Union of India & Anr. (Institute of Actuaries of India — CoP for Associates)
Court's Decision & Legal Precedent
DATE VERIFIED Oral Judgement 2024-08-06 (order-13.pdf). Court construed s.2(i) 'member' and s.2(l) 'register' with ss.6–7–9: membership/register entry does not equal entitlement to practise; practise turns on CoP under s.9 after Council norms. Definitional 'member' cannot be read to force CoP for all Associates contrary to Reg.10.
On this section: s.7 — Associate vs Fellow is a real statutory distinction that can support limiting CoP to Fellows.
The holding above is the ratio decidendi as extracted from the judgment by eCourts India, reproduced unaltered — it is a rendering of the court's reasoning, not a substitute for its words. Read the order itself before relying on it.
Questions about Section 7
What have the courts held on Section 7 of the Actuaries Act?
Divvela Ramaiah & Anr. v. Union of India & Anr. (Institute of Actuaries of India — CoP for Associates) (06 Aug 2024) is the leading judgment on this section among those set out below: s.7 — Associate vs Fellow is a real statutory distinction that can support limiting CoP to Fellows.
How do I find court cases under Section 7 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 7, section 7 Actuaries Act 2006, section 7 of the Actuaries Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome. 1 reported judgment on this section is set out on this page, beginning with Divvela Ramaiah & Anr. v. Union of India & Anr. (Institute of Actuaries of India — CoP for Associates) (06 Aug 2024).
What should I read with Section 7 of the Actuaries Act, and has it changed?
Its own text turns on section 6 (Entry of names in register), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When did Section 7 of the Actuaries Act come into force?
Section 7 of the Actuaries Act, cited as Actuaries Act 2006 7, 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
- 2. Definitions500 words
- 12. Composition of Council of Institute453 words
- 22. Finances of Council384 words
- 6. Entry of names in register381 words
- 19. Functions of Council380 words
- 56. Power to make regulations372 words
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.