General Insurance
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....ance business; Who is the receiver of service A policy holder or any other person Who is the provider of service An insurer including re-insurer carrying on general insurance business Meaning of General Insurance Business - 65(49) "general insurance business" has the meaning assigned to it in clause (g) of section 3 of the General Insurance Business (Nationalisation) Act, 1972; As per clau....
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....not include an assignee thereof whose interest in the policy is defeasible of is for the time being subject to any condition." ************************* A. As per Paragraph No 6. of Circular No. 96/7/2007 dated 23/8/2007 states that :- "6. This circular supersedes all circulars, clarifications and communications, other than Orders issued under section 37B of the Central Excise Act, 1944 (as mad....