General Insurance Business (Nationalisation) Act, 1972 · Chapter III: General Insurance Corporation of India
Section 10B: Enhancement of equity capital of General Insurance companies
[10B. Enhancement of equity capital of General Insurance companies.— The General Insurance Corporation and the insurance companies specified in section 10A may, raise their capital for increasing their business in rural and social sectors, to meet solvency margin and such other purposes, as the Central Government may empower in this behalf:
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Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 10B
No Supreme Court judgment in our database cites this section yet.