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The Companies Act, 2013 applies to insurance companies except where inconsistent with:

Section 1(4)(b) applies the Act to insurance companies "except in so far as the said provisions are inconsistent with the provisions of the Insurance Act, 1938 or the…

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The Companies Act, 2013 applies to insurance companies except where inconsistent with:

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Correct answer C

Section 1(4)(b) applies the Act to insurance companies "except in so far as the said provisions are inconsistent with the provisions of the Insurance Act, 1938 or the Insurance Regulatory and Development Authority Act, 1999". The Banking Regulation Act, 1949 is the parallel saving for banking companies under s.1(4)(c), and the LIC Act and the SEBI laws are not named in this clause.

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