The Insurance business is at the take-off stage of galloping expansion in India. Sky is the limit for expansion of this business. There is insurance for anything that we can imagine. The last Edition was published in the year 1994. Thereafter, there was complete overhaul of the Insurance Act, 1938 by the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999) w.e.f. 19-4-2000. The book includes commentaries on The Insurance Act, 1938, The Life Insurance Corporation Act, 1956, The General Insurance Business (Nationalisation) Act, 1972, The marine Insurance Act, 1963. It also includes commentary on the relevant provisions of the Motor Vehicles Act, 1988 pertaining to litigation before Motor Accidents Claims Tribunals (MACTs). Keeping in view the pending court cases and for academic interest of the readers, commentary on old provisions of the Insurance Act, 1938, which have been repealed or omitted or amended by the Amendment Act, 2015 have been retained. The case laws have been updated in all the Acts in the present edition. The present edition provides useful information to the lawyers, litigants courts, officers of the insurance companies, officers of IRDA, students and academicians interested in insurance laws.
"S K Sarvaria is a former District and Sessions Judge, New Delhi, and is presently serving as the President of the District Consumer Disputes Redressal Forum in New Delhi. After graduating from the University of Delhi, he pursued his LL.B. course and also got selected with the Delhi Judicial Services in 1980. While acting as a judge, he presided over different courts including those of the Court of District Judge, Court of Sessions, Labour Court, the Registrar's Court in the High Court of Delhi and Rent Control Tribunal. S K Sarvaria developed an interest in writing and editing law books during his post-graduation in law itself. Since 1998, he has already authored more than 20 titles on different subjects ranging from commentaries on Code of Civil Procedure Code, Indian Penal Code, different insurance laws, Indian Registration Act, Prevention of Money Laundering Act, Foreign Exchange Management Act, Negotiable Instruments Act and Notaries Act, to name a few. He has also contributed to the work of Halsbury's Laws of India in Criminal Procedure and the work of Halsbury's Annotated Statutes of India (HASI) in Criminal Law and Criminal Procedure. Since his retirement in 2013, Sarvaria has been taking up arbitration assignments in matters relating to different kinds of contracts. "