Lawgist24Group Life Insurance for members of Fund and other benefits
The Trustee Committee may, for the welfare of the members of the Fund,.—
(a) obtain, from the Life Insurance Corporation of India or any other insurer, policies of Group Insurance on the life of the members of the Fund; or
(b) provide, in such manner as may be prescribed, for medical and educational facilities for the members of the Fund and their dependants; or
(c) provide monies to the members of the Fund for purchase of books; or
(d) provide monies to construct or maintain common facilities for the members of the Fund:
Provided that the Trustee Committee shall spend ten per cent. of the total annual subscription received under sub-section (5) of section 18 on the construction or maintenance of common facilities for the members of the Fund practising in the subordinate courts; or
(e) provide funds for any other purpose which the Trustee Committee may specify; or
(f) provide for such other benefits as may be prescribed.
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- 18 Membership in Fund
- 19 Ex gratia grant to a member of Fund
- 20 Review
- 21 Payment of amount on cessation of practice
- 22 Restriction on alienation, attachment, etc., of interest of member in Fund
- 23 Exemption from income-tax
- 24 Group Life Insurance for members of Fund and other benefits
- 25 Appeal against decision or order of Trustee Committee
