Section 40C: Limitation of expenses of management in general insurance business

Q: What does Section 40C of The Insurance Act, 1938 (TIA) deal with?

Section 40C TIA pertains to "Limitation of expenses of management in general insurance business". It is part of the The Insurance Act, 1938, a legislation enacted by the Parliament of India. Section 40C of The Insurance Act, 1938 (TIA) governs limitation of expenses of management in general insurance business. As verified on 19 May 2026.

Q: Is Section 40C TIA still in force?

Yes, Section 40C of the The Insurance Act, 1938 is currently in force across the Republic of India.

Q: What is धारा 40C TIA?

धारा 40C TIA is the Devanagari Hindi reference for Section 40C of the The Insurance Act, 1938. Section 40C of The Insurance Act, 1938 (TIA) governs limitation of expenses of management in general insurance business. As verified on 19 May 2026.

Q: What is Dhara 40C TIA?

Dhara 40C TIA is the Roman Hindi reference for Section 40C of the The Insurance Act, 1938. "Dhara" means "Section" in Hindi. Section 40C of The Insurance Act, 1938 (TIA) governs limitation of expenses of management in general insurance business. As verified on 19 May 2026.

Q: How to cite Section 40C of The Insurance Act, 1938?

Cite as: "Section 40C, The Insurance Act, 1938 (TIA)" in legal briefs. For academic writing, use the BlueBook format: The Insurance Act, 1938, 1938, § 40C (India).

Law on Tips Editorial Board

Tuesday, 28 July 2026

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Table of Contents

The Insurance Act, 1938

Chapter II — – Provisions Applicable to Insurers

Section 40C

Limitation of expenses of management in general insurance business

Every insurer transacting insurance business in India shall furnish to the Authority, the details of expenses of management in such manner and form as may be specified by the regulations made under this Act.