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[Cites 0, Cited by 0] [Section 42C] [Entire Act]

Union of India - Subsection

Section 42C(6) in The Insurance Act, 1938

(6)No such contract as is referred to in sub-section (1) or sub-section (4) shall be entered into or renewed for a period exceeding ten years at any one time, and, notwithstanding the terms of any contract to the contrary, no option to renew any such contract given to any of the parties shall be enforceable without the consent of the other.