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[Cites 0, Cited by 0] [Section 64K] [Entire Act]

Union of India - Subsection

Section 64K(2) in The Insurance Act, 1938

(2)Where an insurer is guilty of contravening the provisions of section 40B with respect to the expenses of management, theAuthority may, after giving the insurer an opportunity of being heard, administer a warning to the insurer.