Section27D
The Insurance Act, 1938

Omitted

In force From 01 Jul 1939 Act 4 of 1938 As on 22 Oct 2026

Act 4 of 1938 Ministry Finance Enacted 26 Feb 1938 In force 01 Jul 1939 Cited by 3 provisions Instruments 1

Section 27D of the Insurance Act, 1938 deals with omitted. Without prejudice to anything contained in this section, the Authority may, in the interests of the policyholders, specify by the regulations, the time, manner and other conditions of investment of assets to be held by an insurer for the purposes of this Act. The Act came into force on 01 Jul 1939.

(1) Without prejudice to anything contained in this section, the Authority may, in the interests of the policyholders, specify by the regulations, the time, manner and other conditions of investment of assets to be held by an insurer for the purposes of this Act.

(2) The Authority may give specific directions for the time, manner and other conditions subject to which the funds of policyholders shall be invested in the infrastructure and social sector as may be specified by the regulations and such regulations shall apply uniformly to all the insurers carrying on the business of life insurance, general insurance, or health insurance or re-insurance in India on or after the commencement of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999).

(3) The Authority may, after taking into account the nature of business and to protect the interests of the policyholders, issue to an insurer the directions relating to the time, manner and other conditions of investment of assets to be held by him:

Provided that no direction under this sub-section shall be issued unless the insurer concerned has been given a reasonable opportunity of being heard.

Section 27D, The Insurance Act, 1938 (Act 4 of 1938).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Made under this section, and citing it

1 instrument names this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 27D

What does Section 27D of the Insurance Act deal with?

Section 27D of the Insurance Act is headed "Omitted". Without prejudice to anything contained in this section, the Authority may, in the interests of the policyholders, specify by the regulations, the time, manner and other conditions of investment of assets to be held by an insurer for the purposes of this Act.

How do I find court cases under Section 27D of the Insurance 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: Insurance Act 1938 27D, section 27D Insurance Act 1938, section 27D of the Insurance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 27D of the Insurance Act, and has it changed?

3 other provisions in this corpus refer back to it. One instrument names it without being made under it, most recently Notification on applicability of certain provisions of the Insurance Act in SEZ and IFSC (2022).

When did Section 27D of the Insurance Act come into force?

Section 27D of the Insurance Act, cited as Insurance Act 1938 27D, came into force on 01 Jul 1939, having been enacted on 26 Feb 1938. It is in force as at the date shown on this page.

Other sections of this Act

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 22 Oct 2026. This page is not a substitute for legal advice.