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Insurance Act, 1938 · Chapter IIC: Solvency Margin, Advance Payment of Premium and Restrictions on the Opening of A New Place of Business

Section 97: [Omitted.]

[Working Capital of Mutual Insurance Companies and Co-operative Life Insurance Societies.] Omitted by s. 86, ibid. (w.e.f. 26-12-2014).

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 97

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