Life Insurance Corporation Act, 1956
17. Constitution of
Tribunals.-
1.
The
Central Government may for the purposes of this Act constitute one or more
Tribunals and each of the Tribunals shall consist of three members appointed by
the Central Government one of whom shall be a person who is, or has been, a
Judge of a High Court or has been a Judge of the Supreme Court, and he shall be
the Chairman thereof.
2.
A
Tribunal may choose one or more persons possessing special knowledge of any
matter relating to any case under inquiry to assist the Tribunal in determining
any question which has to be decided by it under this Act.
3.
Every
Tribunal shall have the powers of a civil court while trying a suit under the
Code of Civil Procedure, 1908 (5 of 1908), in respect of the following
matters:-
a. summoning and enforcing
the attendance of any person and examining him on oath;
b. requiring the
discovery and production of documents;
c. receiving evidence on
affidavits;
d. issuing commissions
for the examination of witnesses or documents.
1.
2.
3.
4.
Every
Tribunal shall have power to regulate its own procedure and decide all matters
within its competence, and may review any of its decisions in the event of
there being a mistake on the face of the record or correct any arithmetic or
clerical error therein.