Section 31 of The General Insurance Business (Nationalisation) Act, 1972
Officers and employees of Corporation or of acquiring companies to be public servants.
Every officer or other employee of the Corporation or of an acquiring company shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).
Summary
- Every officer working for the Corporation is legally considered a "public servant".
- Every other employee of the Corporation or an acquiring company is also treated as a public servant.
- This special legal status is strictly for the rules written in Chapter IX of the Indian Penal Code, 1860.
Practical examples
FAQ
1. Who gets this public servant status?
Every officer and employee of the Corporation and acquiring companies.
2. Does this mean they are direct government employees for everything?
No, the status is specifically for the purposes of Chapter IX of the Indian Penal Code.
3. What year was the Indian Penal Code established according to the text?
The text refers to the Indian Penal Code of 1860.
Test yourself
1.Under Section 31 of The General Insurance Business (Nationalisation) Act, 1972, what legal status is given to the employees of acquiring companies?
2.Under Section 31 of The General Insurance Business (Nationalisation) Act, 1972, which specific legal code is referenced to define the rules for these public servants?
3.Under Section 31 of The General Insurance Business (Nationalisation) Act, 1972, which specific chapter of the Indian Penal Code applies to the employees?
4.Under Section 31 of The General Insurance Business (Nationalisation) Act, 1972, who exactly within the Corporation is granted this status?