Sitting Committee definition
Sitting Committee means the three members of the GCCAC convened to consider a particular Clerk’s Report or Application.
Sitting Committee means the committee appointed by the Guarantor to study mortgage insurance and adjudication of mortgage claims comprising representatives from the General Insurance Corporation of India, Housing and Urban Development Corporation, Ministry of Urban Development and the Borrower;
Examples of Sitting Committee in a sentence
The Guarantor shall, not later than six months after receipt by the Insurance Department of the Ministry of Finance of recommendations made by the Sitting Committee, inform the Bank of the status of the recommendations relating to the establishment of a mortgage insurance system and a system of adjudication for mortgage claims.