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Section 105B: Penalty for failure to comply with sections 32B, 32C and 32D.

The Insurance Act, 1938Central Act · Act 4 of 1938

[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.]

Where this provision sits

ActThe Insurance Act, 1938
Section105B
Marginal notePenalty for failure to comply with sections 32B, 32C and 32D.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Subs. by s. 90, ibid., for sections 105B and 105C (w.e.f. 26-12-2014).

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