Insurance Act, 1938 · Chapter II: Provisions Applicable to Insurers
Section 2D: Insurers to be subject to this Act while liabilities remain unsatisfied
Every insurer shall be subject to all the provisions of this Act in relation to any class of insurance business so long as his liabilities in [India] in respect of business of that class remain unsatisfied or not otherwise provided for.]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 2D
No Supreme Court judgment in our database cites this section yet.