Power of Authority to issue directions regarding re-insurance treaties, etc
Section 34F of the Insurance Act, 1938 deals with power of Authority to issue directions regarding re-insurance treaties, etc. insurance treaties, etc. —--(1) Without prejudice to the generality of the powers conferred by sub-section (1) of section 34, the [Authority] may, if he is of opinion that the terms or conditions of any re-insurance treaty or other reinsurance contract entered into by an insurer are not favourable t The Act came into force on 01 Jul 1939.
34F. Power of 1 [Authority] to issue directions regarding re-insurance treaties, etc. —--(1) Without prejudice to the generality of the powers conferred by sub-section (1) of section 34, the 1[Authority] may, if he is of opinion that the terms or conditions of any re-insurance treaty or other reinsurance contract entered into by an insurer are not favourable to the insurer or are detrimental to the public interest, he may, by order, require the insurer to make, at the time when the renewal of such treaty or contract becomes next due, such modifications in the terms and conditions of such treaty or contract as he may specify in the order or not to renew such treaty or contract, and, if the insurer fails to comply with such order, he shall be deemed to have failed to comply with the provisions of this Act.
(2) The 1[Authority] may, if he has reason to believe that an insurer is entering into or is likely to enter into re-insurance treaties or other re-insurance contracts which are not favourable to the insurer or are detrimental to the public interest, he may, by order, direct that the insurer shall not enter into such re-insurance treaty or other re-insurance contract unless a copy of such treaty or contract has been furnished to him in advance and the terms and conditions thereof have been approved by him and if the insurer fails to comply with such order he shall be deemed to have failed to comply with the requirements of this Act.]
Section 34F, The Insurance Act, 1938 (Act 4 of 1938).
Cross-references
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Questions about Section 34F
What does Section 34F of the Insurance Act deal with?
Section 34F of the Insurance Act is headed "Power of Authority to issue directions regarding re-insurance treaties, etc". 34F. Power of [Authority] to issue directions regarding re-insurance treaties, etc.
How do I find court cases under Section 34F 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 34F, section 34F Insurance Act 1938, section 34F 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 34F of the Insurance Act, and has it changed?
Its own text turns on section 34 (Power of the Authority to issue directions), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When did Section 34F of the Insurance Act come into force?
Section 34F of the Insurance Act, cited as Insurance Act 1938 34F, 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
- 37A. Power of Authority to prepare Scheme of Amalgamation1733 words
- 3. Registration1612 words
- 2. Definitions1604 words
- 106. Power of Court to order restoration of property of insurer or compensation in certain cases1514 words
- 114A. Power of Authority to make regulations1275 words
- 6A. Requirements as to capital structure and voting rights and maintenance of registers beneficial owners of shares1136 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 17 Oct 2026. This page is not a substitute for legal advice.