The Insurance Regulatory and Development Authority Act
11Vacancies, etc., not to invalidate proceedings of Authority
No act or proceeding of the Authority shall be invalid merely by reason of--
(a) any vacancy in, or any defect in the constitution of, the Authority; or
(b) any defect in the appointment of a person acting as a member of the Authority; or
(c) any irregularity in the procedure of the Authority not affecting the merits of the case.
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INSURANCE REGULATORYAND DEVELOPMENT AUTHORITY
- 3 Establishment and incorporation of Authority
- 4 Composition of Authority
- 5 Tenure of office of Chairperson and other members
- 6 Removal from office
- 7 Salary and allowances of Chairperson and members
- 8 Bar on future employment of members
- 9 Administrative powers of Chairperson
- 10 Meetings of Authority
- 11 Vacancies, etc., not to invalidate proceedings of Authority
- 12 Officers and employees of Authority