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The Insurance Act, 1938

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.]

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