Insurance Regulatory and Development Authority Act : Vacancies, etc., not to invlaidate proceedingsof

Insurance Regulatory and Development Authority Act,1999

Act No : 41

Section : Vacancies, etc., not to invlaidate proceedingsof Authority.

11. Vacancies, 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.