Life Insurance Corporation Act, 1956
22. Zonal Managers.-
1.
The
Corporation may entrust the superintendence and direction of the affairs and
business of a zonal office to a person whether a member or not, who shall be
known as the Zonal Manager and the Zonal Manager shall perform all such functions
of the Corporation as may be delegated to him with respect to the area within
the jurisdiction of the Zonal office.
2.
The
Corporation may constitute for each zone a Board consisting of such number of
persons as it thinks fit to appoint thereto for the purpose of advising the
Zonal Manager in respect of such matters as are referred to it under the
regulations made by the Corporation.
3.
The
Corporation shall constitute in the prescribed manner for each zonal office an
Employees and Agents Relations Committee consisting of such number of persons
as it thinks fir and every such Committee shall consist of representatives of
the Corporation and of its employees and agents, so however, that the number of
representatives of the employees of the employees and agents on the Committee
shall not be less than the number of representatives of the Corporation and
shall be duty of the Committee to advise the Zonal Manager on matters which
relate to the welfare of the employees and agents of the Corporation or which are
likely to promote and secure amity and good relations between them and the
Corporation.