Bare ActsThe Insurance Act, 1938

Section 105B

Penalty for failure to comply with sections 32B, 32C and 32D.

Amendment status not verified — confirm the current text below against the official source.

1 [105B. Penalty for failure to comply with sections 32B, 32C and 32D. -- If an insurer fails to comply with the provisions of section 32B, section 32C and section 32D, he shall be liable to a penalty not exceeding twenty-five crore rupees.]

Amended up to 2019-03-25View on India Code →
Section 105B – The Insurance Act, 1938 | DailyLaw.ai