Any appointment or removal of a director or executive officer in pursuance of section 34B or section 34 C shall have effect notwithstanding anything the contrary contained in the Companies Act, 1956 ( 1 of 1956 ), or any other law for the time being in force or any contract or any other instrument.
Chapter II — – Provisions Applicable to Insurers
Section 34D
Sections 34B and 34 C to override other laws
Printed from Law on Tips • The Insurance Act, 1938