Act Number: 4

Act Name: The Insurance Act, 1938

Year: 1938

Enactment Date: 1938-02-26

Long Title: An Act to consolidate and amend the law relating to the business of insurance.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 105B: Penalty for failure to comply with sections 32B, 32C and 32D.
    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.]
Notes:
1. Subs. by s. 90, ibid., for sections 105B and 105C (w.e.f. 26-12-2014).
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