§ Mr. REESasked whether it is proposed by the Government of India to legislate in order to the safeguarding of the interests of policy holders in Swadeshi life insurance companies, in respect of which in many, if not in most cases, there are no substantial deposits, no periodical actuarial investigations, and no investigation of accounts by an impartial and uninterested authority?
§ Mr. MONTAGUThe Government of India have the question of amending the law as to life insurance companies under consideration, and are in communication on the subject with Chambers of Commerce and other bodies competent to express an opinion.