Section 6: Requirement as to capital

Q: What does Section 6 of The Insurance Act, 1938 (TIA) deal with?

Section 6 TIA pertains to "Requirement as to capital". It is part of the The Insurance Act, 1938, a legislation enacted by the Parliament of India. Section 6 of The Insurance Act, 1938 (TIA) governs requirement as to capital. As verified on 22 May 2026.

Q: Is Section 6 TIA still in force?

Yes, Section 6 of the The Insurance Act, 1938 is currently in force across the Republic of India.

Q: What is धारा 6 TIA?

धारा 6 TIA is the Devanagari Hindi reference for Section 6 of the The Insurance Act, 1938. Section 6 of The Insurance Act, 1938 (TIA) governs requirement as to capital. As verified on 22 May 2026.

Q: What is Dhara 6 TIA?

Dhara 6 TIA is the Roman Hindi reference for Section 6 of the The Insurance Act, 1938. "Dhara" means "Section" in Hindi. Section 6 of The Insurance Act, 1938 (TIA) governs requirement as to capital. As verified on 22 May 2026.

Q: How to cite Section 6 of The Insurance Act, 1938?

Cite as: "Section 6, The Insurance Act, 1938 (TIA)" in legal briefs. For academic writing, use the BlueBook format: The Insurance Act, 1938, 1938, § 6 (India).

Law on Tips Editorial Board

(1)

No insurer not being an insurer as defined in sub-clause (d) of clause (9) of section 2, carrying on the business of life insurance, general insurance, health insurance or re-insurance in India or after the commencement of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), shall be registered unless he has,—

(2)

No insurer, as defined in sub-clause (d) of clause (9) of section 2, shall be registered unless he has net owned funds of not less than rupees five thousand crore.