If a person fails to comply with the provisions of section 27, section 27A, section 27B, section 27D and section 27E, he shall be liable to a penalty not exceeding twenty-five crore rupees.
Chapter V — – Miscellaneous
Section 104
Penalty for contravention of sections 27, 27A, 27B, 27D and 27E
Printed from Law on Tips • The Insurance Act, 1938