Section 39 Actuaries Act 2006

 

Section 39 Actuaries Act 2006: 

Companies not to engage in Actuarial practice .-(1) No company, whether incorporated in India or elsewhere, shall practice as Actuaries.

(2) Any company contravening the provisions of sub-section (1) shall be punishable on first conviction with fine which may extend to ten thousand rupees, and on any subsequent conviction with fine which may extend to twenty-five thousand rupees.


Supreme Court of India Important Judgments And Leading Case Law Related to Section 39 Actuaries Act 2006:  

K Subrahmanyam vs Department Of Financial Services on 25 January, 2017

 


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