Insurance Act, 1938 · Chapter II: Provisions Applicable to Insurers · Commission and rebates and licensing of agents
Section 42E: Commission, brokerage or fee payable to intermediary or insurance intermediary
[42E. Condition for intermediary or insurance intermediary. —Without prejudice to the provisions contained in this Act, the Authority may, by regulations made in this behalf, specify the requirements of capital, form of business and other conditions, to act as an intermediary or an insurance intermediary.]
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 42E
No Supreme Court judgment in our database cites this section yet.