Section 104Central Act
Section 104: Penalty for contravention of sections 27, 27A, 27B, 27D and 27E.
1[104. Penalty for contravention of sections 27, 27A, 27B, 27D and 27E. --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.]
1. Subs. by s. 88, ibid., for sections 103 and 104 (w.e.f. 26-12-2014).
Previous
Sec 103 — Penalty for carrying on insurance business in contravention of sections 3.
Next
Sec 105 — Wrongfully obtaining or withholding property.
Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.