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Core Purpose

The Central Government establishes a Tribunal to decide disputes concerning elections to the Council of the Institute of Actuaries of India, exercising powers under sub-section (1) of section 16 of the Actuaries Act, 2006 (35 of 2006).

Detailed Summary

In exercise of the powers conferred by sub-section (1) of section 16 of the Actuaries Act, 2006 (35 of 2006), the Central Government, through the Ministry of Finance (Department of Financial Services), has established a Tribunal. This Tribunal is constituted to decide disputes as referred to in section 15 of the said Act, specifically pertaining to elections to the Council of the Institute of Actuaries of India. The Tribunal consists of three members: Dr. Anju Rathi Rana, Member Secretary, Law Commission, New Delhi 110001, serving as the Presiding Officer; Dr. K Sriram, Ex Council Member of Institute of Actuaries of India, Navi Mumbai – 400 706, as a Member; and Shri Samir Kumar, Economic Advisor, Department of Financial Services, Ministry of Finance, New Delhi 110001, also as a Member. This establishment is notified vide S.O. 1654(E) on March 30, 2026, under File No. M-16013/02/2025-Ins. I.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30032026-271420 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1589] NEW DELHI, MONDAY, MARCH 30, 2026/CHAITRA 9, 1948 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 30th March, 2026 S.O. 1654(E).β€”In exercise of the powers conferred by sub-section (1) of section 16 of the Actuaries Act, 2006 (35 of 2006), the Central Government, hereby, establishes a Tribunal consisting of the following persons to decide disputes as referred to in section 15 of the said Act in the matter of election to the Council of the Institute of Actuaries of India, namely :- 1. Dr. Anju Rathi Rana, Member Secretary, Law Commission, 4th Floor, B-Wing, Lok Nayak Bhawan, Khan Market, New Delhi 110001 - Presiding Officer; 2. Dr. K Sriram Ex Council Member of Institute of Actuaries of India Board Room, Unit no, F-206, 2nd Floor, "F" Wing Tower 2, Seawoods Grand Central, Plot no. R-1, Seawoods, Near Seawoods Railway Station, Navi Mumbai – 400 706 - Member; 3. Shri Samir Kumar, Economic Advisor, Department of Financial Services, Ministry of Finance, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi 110001 - Member, [F. No. M-16013/02/2025-Ins. I] ASHISH MADHAORAO MORE, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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