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Refunds due to the general insurance companies as a result of appellate order.
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....d to the general insurance companies whose management has been taken over by the Government under the General Insurance(Emergency provisions) Act, 1971 or to their custodians appointed by the Government. 2. Under the General Insurance Act, 1971 which came into force on 13/5/71 all rights of management of the undertaking of the insurer have vested in the central Government who has appointed cust....