The General Insurance Business (Nationalisation) Act, 1972 (the Principal Act) was enacted with a view to nationalise general insurance business with effect from 1 January 1973. It provided for acquisition of 107 Indian insurance companies by the Central Government (CG).The General Insurance Business (Nationalisation) Act, 1972 (the Principal Act) was enacted with a view to nationalise general insurance business with effect from 1 January 1973. It provided for acquisition of 107 Indian insurance companies by the Central Government (CG).taxmann.com Latest ArticlesRead More
Second phase of privatization of general insurance companies
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- Post published:August 20, 2021
- Post category:News / Taxman Articles
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