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DECLARATION
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GAZETTE NOTICE NO. 5288
GAZETTE NOTICE NO. 5288
THE INSURANCE ACT
(Cap. 487)
DECLARATION
PURSUANT to the application by the Commissioner of Insurance in exercise of his powers under section 67C (3) of the Insurance Act, and to the Orders of the Court subsequently issued on 28th May, 2019, the period of Statutory Management has been extended upto the hearing and determination of the preliminary objection to Cause No.
22 of 2006.
Now take further notice that in exercise of powers conferred by section 67C (10) of the Insurance Act, the Statutory Manager extends the Moratorium on payments by the said insurer to its policyholders and all other creditors upto the hearing and determination of the preliminary objection to Cause No. 22 of 2006.
Dated the 28th May, 2019.
C. M. MACHARIA, for Managing Trustee, MR/6338014 Policyholders Compensation Fund, Statutory Manager.
Dated the 28th May, 2019.
C. M. MACHARIA,
for Managing Trustee, Policyholders Compensation Fund, Statutory Manager.
Extracted Entities (1)
previous_gazette_ref
5288
Details
- Act / Legislation
- THE INSURANCE ACT
- Reference
- Cap. 487
- Section
- section 67
- Signed By
- C. M. MACHARIA
- Title
- for Managing Trustee, Policyholders Compensation Fund, Statutory Manager
- Date Signed
- 28th May 2019
- Page
- 33
- Extraction Method
- regex
Source Gazette
Vol. CXXI No. 77
Published 4th April 2019