General Insurance Business (Nationalisation) Act Indian Bare Acts :

General Insurance Business (Nationalisation) Act,1972	Act No : 57 of 1972
Contents of Act:	View
SECTION( 23. ) Power of Central Government to issue directions.
SECTION( CHAP ) MISCELLANEOUS
SECTION( 24. ) Acquiring companies to have the exclusive privilege of carrying ongeneral insurance business.
SECTION( 25. ) Properties in India not to be insured with foreign insurers exceptwith permission of Central Government.
SECTION( 26. ) Acquiring companies and income-tax.
SECTION( 27. ) Power to reduce amounts of insurance in certain eases.
SECTION( 28. ) Right of acquiring company to seek relief in respect of certaintransactions.
SECTION( 29. ) Duty to deliver possession of property and documents relating thereto.
SECTION( 30. ) Penalty for withholding property, etc.
SECTION( 31. ) Officers and employees of Corporation or of acquiring companies to bepublic servants.