Category: Financial Laws
23
Laws under this category
303
Crimes under this category
10.0 years
Is the maximum term of imprisonment
₹250000000
Is the maximum fine
287
of them are punishable by imprisonment
0
of them are punishable by death penalty
303
of them are punishable by fines
GO BACK TO ALL CATEGORIES
LAWS UNDER THIS CATEGORY
The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016
Enactment Date: 25-03-2016
Act Year: 2016
Ministry: Ministry of Electronics and Information Technology
Enforcement Date: 12-09-2016
Financial Laws
Short Title
The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016
Long Title
An Act to provide for, as a good governance, efficient, transparent, and targeted delivery of subsidies, benefits and services, the expenditure for which is incurred from the Consolidated Fund of India, to individuals residing in India through assigning of unique identity numbers to such individuals and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 25-03-2016
Act Year: 2016
Ministry: Ministry of Electronics and Information Technology
Enforcement Date : 12-09-2016
Section 42.
Crime: Committing any offence under this Act or any rules or regulations for which no specific penalty is provided.
Title:
General penalty.
Fine MIN: Not specified | MAX: INR 25000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 40 r/w Section 8A(2)(b)
Crime: An offline verification-seeking entity using the identity information of an individual for any purpose other than for verification.
Title:
Penalty for unauthorised use by requesting entity or offline verification-seeking entity.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 40 r/w Section 8A(2)(a)
Crime: An offline verification-seeking entity failing to obtain the consent of an individual before performing offline verification.
Title:
Penalty for unauthorised use by requesting entity or offline verification-seeking entity.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 40 r/w Section 8(2)(b)
Crime: Requesting entity using the identity information of an individuals for any purpose other than for submission to the Central Identities Data Repository for authentication.
Title:
Penalty for unauthorised use by requesting entity or offline verification-seeking entity.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 40 r/w Section 8(2)(a)
Crime: Requesting entity failing to obtain the consent of an individual before collecting their identity information for the purposes of authentication
Title:
Penalty for unauthorised use by requesting entity or offline verification-seeking entity.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 39.
Crime: Using or tampering with the data in the Central Identities Data Repository or in any removable storage medium with the intent of modifying information relating to Aadhaar number holder or discovering any information thereof.
Title:
Penalty for tampering with data in Central Identities Data Repository.
Fine MIN: Not specified | MAX: INR 10000
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(a)
Crime: Intentionally obtaining unauthorised accesses or securing access to the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(b)
Crime: Intentionally downloading, copying or extracting any data from the Central Identities Data Repository or stored in any removable storage medium.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(c)
Crime: Intentionally introducing or causing any virus or other computer contaminant to be introduced in the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(d)
Crime: Intentionally damaging or causing the data to be damaged in the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(e)
Crime: Intentionally disrupting or causing disruption of the access to the Central Identities Data Repository
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(f)
Crime: Intentionally denying or causing a denial of access to any person who is authorised to access the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(h)
Crime: Intentionally destroying or deleting any information stored in any removable storage media or in the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(h)
Crime: Intentionally diminishing the value or utility of any information stored in any removable storage media or in the Central Identities Data Repository.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(h)
Crime: Intentionally affecting any information stored in any removable storage media or in the Central Identities Data Repository injuriously by any means.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(i)
Crime: Intentionally stealing or causing any person to steal any computer source code used by the Authority with an intention of causing damage.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(i)
Crime: Intentionally concealing or causing any person to conceal any computer source code used by the Authority with an intention of causing damage.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(i)
Crime: Intentionally destroying or causing any person to destroy any computer source code used by the Authority with an intention of causing damage.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(i)
Crime: Intentionally altering or causing any person to alter any computer source code used by the Authority with an intention of causing damage.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 29(2)
Crime: Sharing, using or displaying identity information, other than core biometric information, or assisting any person in doing so, in contravention of the provisions of the Act or any regulation.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 29(1)(b)
Crime: Sharing, using or displaying core biometric information or assisting any person in doing so, other than for generation of Aadhaar numbers and authentication.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 29(1)(b)
Crime: Sharing, using or displaying core biometric information for anyone for any reason or assisting any person in doing so.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 28(5)
Crime: Intentionally revealing any information stored in the Central Identities Data Repository or authentication record.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 28(5)
Crime: Publishing, displaying or posting publicly aadhaar number, demographic information or photograph, collected or created under this Act in respect of an Aadhaar number holder or assisting any person in the same.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 29(3)(b)
Crime: Disclosing identity information available with a requesting entity or offline verification-seeking entity or assisting any person in the same for any purpose other than the purposes informed in writing to the individual at the time of submitting any information for authentication or offline verification.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 38(g) r/w Section 29(3)(a)
Crime: Using identity information available with a requesting entity or offline verification-seeking entity or assisting any person in the same for any purpose other than the purposes informed in writing to the individual at the time of submitting any information for authentication or offline verification.
Title:
Penalty for unauthorised access to the Central Identities Data Repository.
Fine MIN: INR 1000000 | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 37
Crime: Intentionally disclosing, transmitting, copying or disseminating any identity information collected in the course of enrolment or authentication to any person not authorised under this Act or regulations or in contravention of any agreement entered into pursuant to the provisions of this Act.
Title:
Penalty for disclosing identity information.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 36.
Crime: Pretending to be authorised to collect identity information under the provisions of this Act.
Title:
Penalty for impersonation.
Fine MIN: Not specified | MAX: INR 10000 (1,00,000 when committed by a company)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 35.
Crime: Changing any demographic or biometric information of an Aadhaar number holder by impersonating or attempting to impersonate another person with an intention of causing harm or mischief or to appropriate identity.
Title:
Penalty for impersonation of Aadhaar number holder by changing demographic information or biometric information.
Fine MIN: Not specified | MAX: INR 10000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 10000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 34.
Crime: Impersonating another person by providing any false demographic information or biometric information.
Title:
Penalty for impersonation at time of enrolment.
Fine MIN: Not specified | MAX: INR 10000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 10000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Banning of Unregulated Deposit Schemes Act, 2019
Enactment Date: 31-07-2019
Act Year: 2019
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 21-02-2019
Financial Laws
Short Title
The Banning of Unregulated Deposit Schemes Act, 2019
Long Title
An Act to provide for a comprehensive mechanism to ban the unregulated deposit schemes, other than deposits taken in the ordinary course of business, and to protect the interest of depositors and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 31-07-2019
Act Year: 2019
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 21-02-2019
Section 26 r/w Section 10(2)
Crime: Failing to furnish any such statements, information or particulars when required of a deposit taker by the Competent Authority.
Title:
Punishment for contravention of section 10.
Fine MIN: N/A | MAX: INR 500000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26 r/w Section 10(1)
Crime: Failing to intimate the designated authority about the business of the deposit taker in such form and manner and within such time as prescribed.
Title:
Punishment for contravention of section 10.
Fine MIN: N/A | MAX: INR 500000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 23 r/w Section 5
Crime: Knowingly making any statement, promise or forecast which is false, deceptive or misleading, to induce another person to invest in, or become a member or participant of any Unregulated Deposit Scheme.
Title:
Punishment for contravention of section 5.
Fine MIN: N/A | MAX: INR 1000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 23 r/w Section 5
Crime: Deliberately concealing any material facts to induce another person to invest in, or become a member or participant of any Unregulated Deposit Scheme.
Title:
Punishment for contravention of section 5.
Fine MIN: N/A | MAX: INR 1000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 22 r/w Section 4
Crime: Deposit taker committing any fraudulent default in the repayment or return of deposit on maturity, or in rendering any specified service promised against such deposit.
Title:
Punishment for contravention of section 4.
Fine MIN: INR 500000 | MAX: INR 250000000 (Higher of 25,00,00,000 or 3x the amount of profits made from the fraudulent default)
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(3) r/w Section 3
Crime: Deposit taker accepting deposits in Unregulated Deposit Schemes and fraudulently defaulting in repayment of such deposits or in rendering any specified service.
Title:
Punishment for contravention of section 3.
Fine MIN: INR 500000 | MAX: 2x the amount of aggregate funds collected from participants.
Imprisonment MIN: 3.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(2) r/w Section 3
Crime: Deposit taker accepting deposits in Unregulated Deposit Schemes.
Title:
Punishment for contravention of section 3.
Fine MIN: INR 300000 | MAX: INR 1000000
Imprisonment MIN: 2.0 YRS | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(1) r/w Section 3
Crime: Deposit taker soliciting deposits in Unregulated Deposit Schemes.
Title:
Punishment for contravention of section 3.
Fine MIN: INR 200000 | MAX: INR 1000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(1) r/w Section 3
Crime: Deposit taker promoting, operating or issuing any advertisement soliciting participation or enrolment in deposits in pursuance of an Unregulated Deposit Scheme.
Title:
Punishment for contravention of section 3.
Fine MIN: INR 200000 | MAX: INR 1000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000000 | MAX: INR 500000000
Imprisonment MIN: 5.0 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Chit Funds Act, 1982
Enactment Date: 19-08-1982
Act Year: 1982
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 02-04-1984
Financial Laws
Short Title
The Chit Funds Act, 1982
Long Title
An Act to provide for the regulation of chit funds and for matters connected therewith.
Basic Details
Enactment Date: 19-08-1982
Act Year: 1982
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 02-04-1984
Section 76(3)
Crime: Wilfuly making a false statement in any document required to be filed.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(2)(c)
Crime: Foreman contravening or failing to comply with any requirement under the Act.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 3000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(2)(b) r/w Section 38(3)
Crime: Foreman failing to comply with the direction of the registrar to convene a special meeting of the general body of the subscribers.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 3000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(2)(b)
Crime: Foreman failing to comply with the requirements of the chit agreement regarding the date, time and place at which the chit is to be drawn.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 3000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(2)(a)
Crime: Foreman failing to file any document required to be filed under the Act within the period specified or within such further time as may be allowed.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 3000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 9(3)
Crime: Commencing any auction or drawing of any chit or appropriating any gross chit amount without obtaining a certificate of commencement.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 9(3)
Crime: Foreman commencing any auction or the draw of any chit or appropriate any gross chit amount without a certificate of commencement.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 9(1)
Crime: Foreman failing to file a declaration with the Registrar to the effect that the tickets specified in the chit agreement are fully subscribed.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 8(4)
Crime: Appropriating any sum or sums from the reserve fund without the prior approval of the Registrar.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 8(3)
Crime: Company carrying on chit business failing to create and maintain a reserve fund.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 8(3)
Crime: Company carrying on chit business failing to transfer to reserve fund a minimum sum of ten per cent of the profit as disclosed in its profit and loss account.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: N/A | MAX: N/A | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: N/A | MAX: N/A | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 8(2)
Crime: Company having a paid-up capital of less than rupees one lakh on the commencement of this Act, failing to increase its paid-up capital more than rupees one lakh before the expiry of a period of three years from the commencement
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 8(1)
Crime: Commencing or carrying on chit business with a paid-up capital of less than rupees one lakh.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 61(5)
Crime: Foreman failing to produce accounts, books and other records relating to the chit to the chit auditor.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 61(5)
Crime: Foreman failing to afford all assistance and facilities as required to the chit auditor in regard to the audit of the accounts of the chit.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: N/A | MAX: N/A | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: N/A | MAX: N/A | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment MIN: N/A | MAX: N/A | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 5
Crime: Issuing or causing to be issued any notice, circular, prospectus, proposal or other document inviting the public to subscribe for tickets in any chit without previous sanction from the State Government.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 47(3)
Crime: Foreman failing to comply with the directions given the Reserve Bank of India on the receipt of report on the inspection of the books and records of a foreman by the Reserve Bank of India.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 46(4)
Crime: Foreman failing to comply with the specified directions to remedy the defects found by the Registrar on the inspection of chit books and records.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 46(1)
Crime: Foreman failing to produce to the Registrar all such books and records that are in his custody or power.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 46(1)
Crime: Foreman failing to furnish to Registrar any statement or information relating to chits.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 4(1)
Crime: Commencing or conducting a chit fund without previous sanction of the State Government.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 33(4)
Crime: Failing to deposit all consolidated payments of future subscriptions realised by a foreman, in an approved bank mentioned in the chit agreement before the date of the succeeding instalment.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 33(4)
Crime: Withdrawing the amount of consolidated payments of future subscriptions realised by foreman deposited in an approved bank, except for payment of future subscriptions.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 31
Crime: Prized subscriber failing to furnish security when he has not offered to deduct the amount of all future subscriptions from the net chit amount due to him.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 31
Crime: Foreman failing to take sufficient security for the due payment of all future subscriptions.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 31
Crime: Foreman failing to give security for the due payment of all the future subscriptions to the satisfaction of the Registrar, when foreman is also a prized subscriber.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 30(3)
Crime: Foreman not paying the defaulting subscriber who has not been substituted till the termination of the chit within fifteen days from date of termination of chit.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 30(2)
Crime: Foreman withdrawing any amount which had been deposited after being realized from the substituting member, for any other purpose than for payment to defaulting member.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 30(1)
Crime: Foreman failing to deposit an amount equal to contributions made by a defaulting subscriber when such defaulting subscriber has been substituted, out of amounts payable and realized from the substituted subscriber, in a separate identifiable account
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 30(1)
Crime: Foreman failing to inform the defaulting subscriber and the Registrar about the deposit in a separate account after such subscriber has been substituted
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 24
Crime: Foreman failing to prepare and file a balance sheet as on the last date of each calendar year with the Registrar within the prescribed time
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 24
Crime: Foreman failing to prepare and file a profit and loss account relating to the year of account with the Registrar within the prescribed time
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(6)
Crime: Foreman failing to distribute the share of discount among the subscribers, either in cash, grain or by way of adjustment towards subscriptions payable for the next instalments as per the chit agreement
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(5)
Crime: Foreman admitting any person as a subscriber to a chit, where by such admission, the number of tickets mentioned in chit agreement is increased.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(4), Section 21(1)(a) and Section 21(1)(b)
Crime: Foreman appropriating for himself any amount in excess of what he is entitled to as per chit agreement or as interest and penalty which was payable to him on any default in the payment of instalments and other such amounts as may be payable to him as per the chit agreement.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(3)
Crime: Foreman failing to intimate to the subscribers of every payment of the net chit amount, the amount of future subscriptions and the deposit of the net chit amount at the next succeeding draw.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(3)
Crime: Foreman failing to enter the particulars of the payment of the net chit amount, the amount of future subscriptions and the deposit of the net chit amount, in the minutes of the proceedings of the next succeeding draw.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(2)
Crime: Foreman failing to deposit net chit amount in a separate account and intimate the prized subscriber and Registrar, when net chit amount remains unpaid due to default of the prized subscriber.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 22(1)
Crime: Foreman failing to pay the net that amount to the prized subscriber, after the prized subscriber has furnished sufficient security for the due payment of future subscriptions.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 20(2)
Crime: Foreman failing to furnish security for each chit being conducted where more than one chit is being conducted by the foreman.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 19(1)
Crime: Opening a new place of business while carrying on chit business without obtaining the prior approval of the Registrar within whose jurisdiction the registered office or principal place of business is situated.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 14(2)
Crime: Failing to realise money that has been utilised while carrying on chit business before the commencement of this Act for any purpose other than those specified, within a period of three years of such commencement.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 14(1)(d)
Crime: Person carrying on chit business, utilising the moneys collected in respect of such business for any other purpose than making deposits with approved banks mentioned in the chit agreement
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 14(1)(c)
Crime: Person carrying on chit business, utilising the moneys collected in respect of such business for any other purpose than investing in trustee securities within the meaning of section 20 of the Indian Trusts Act, 1882
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 14(1)(b)
Crime: Person carrying on chit business, utilising the moneys collected in respect of such business for any other purpose than giving loans and advances to non-prized subscribers on the security of subscriptions paid by them
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 14(1)(a)
Crime: Person carrying on chit business, utilising the moneys collected in respect of such business for any other purpose than carrying on chit business.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 13(3)
Crime: Aggregate of the chits conducted by a company or a co-operative society exceeding ten times their net owned funds.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 13(2)(b)
Crime: Aggregate of chits conducted by a firm or any association of individual, exceeding sum of rupees three lakh per partner or individual.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 13(2)(a)
Crime: Aggregate of chits conducted by a firm or any association of individuals with not less than four partners, exceeding sum of rupees eighteen lakhs.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 13(1)
Crime: Foreman commencing or conducting chits, the aggregate of which at any time exceeds rupees three lakh.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 12(2)
Crime: Company carrying on any business in addition to chit business failing to wind up such other business before the expiry of a period of three years from the commencement of the Act.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 12(1)
Crime: Company carrying on chit business conducting any other business without the general or special permission of the State Government.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 11(2)(b)
Crime: Person not carrying chit business failing to delete the words "chit", "chit fund", "chitty", "kuri", "fraternity fund" or "Rotating Savings and Credit Institution", as part of it's, name within a period of one year from the commencement
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 11(2)(a)
Crime: Person carrying on chit business without using the words "chit", "chit fund", "chitty", "kuri", "fraternity fund" or "Rotating Savings and Credit Institution", failing to add as part of it's name any such word within a period of one year from the commencement
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 11(1)
Crime: Carrying on chit business without using as a part of it's name any of the words "chit", "chit fund", "chitty", "kuri", "fraternity fund" or "Rotating Savings and Credit Institution"
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 11(1)
Crime: Person not carrying on chit business using as a part of it's name any of the words "chit", "chit fund", "chitty", "kuri", "fraternity fund" or "Rotating Savings and Credit Institution".
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 20(1)(c)
Crime: Foreman failing to transfer in favour of the Registrar such other securities, being securities in which a trustee may invest money under section 20 of the Indian Trusts Act, 1882 (2 of 1882), of such value, as may be prescribed by the State Government from time to time, before applying for a sanction.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 20(1)(b)
Crime: Foreman failing to transfer Government securities of the face value or market value (whichever is less) of not less than one and a half times the gross chit amount in favour of the Registrar, before applying for a sanction.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(1) r/w Section 20(1)(a)
Crime: Foreman failing to deposit, as security for the proper conduct of the chit, an amount equal to 50% of the gross chit amount in cash and 50% in the form of a bank guarantee from an approved bank, before applying for a sanction.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 5000
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Coinage Act, 2011
Enactment Date: 01-09-2011
Act Year: 2011
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date: 28-03-2012
Financial Laws
Short Title
The Coinage Act, 2011
Long Title
An Act to consolidate the laws relating to coinage and the Mints, the protection of coinage and to provide for the prohibition of melting or destruction of coins and prohibit the making or the possession thereof for issue and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 01-09-2011
Act Year: 2011
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date : 28-03-2012
Section 13 r/w 12(1)(iv)(c)
Crime: Possessing coins substantially in excess of one's reasonable requirements for the purpose of selling such coins for value other than their face value.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(iv)(c)
Crime: Having in possession coins for melting, destroying or for disposing other than as a medium of exchange.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(iv)(b)
Crime: Having in possession, any coin in a destroyed or mutilated state.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(iv)(a)
Crime: Having in possession, custody or control any melted coin, whether in a molten or a solid state.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(iii)
Crime: Using coin other than as a medium of exchange.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(ii)
Crime: Melting or destroying any coin.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 13 r/w 12(1)(i)
Crime: Using any metal piece as coin whether stamped or unstamped, intended to be used as money without the authority of the Government.
Title:
Penalty for contravention of section 12.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 15.
Crime: Bringing any piece of metal either by sea, land or air, to be used as coin without the permission of the Government.
Title:
Prohibition and penalty for bringing metal piece for use as coin.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 7.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 14(1)(b)
Crime: Possessing, keeping custody or controlling any metal piece with the intent to issue the piece for use as money for a medium of exchange
Title:
Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 14(1)(a)
Crime: Making or issuing any metal piece for the purpose of minting coins in contrvention of provisions of the Act.
Title:
Prohibition and penalty for unlawful making, issue or possession of pieces of metal to be used as money.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Forfeiture : Coin or metal relating to which the crime was committed
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Enactment Date: 13-12-1974
Act Year: 1974
Ministry: Ministry of Finance
Department: Department of Revenue
Enforcement Date: 19-12-1974
Financial Laws
Short Title
The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Long Title
An Act to provide for preventive detention in certain cases for the purposes of conservation and augmentation of Foreign Exchange and prevention of smuggling activities and for matters connected therewith.
Basic Details
Enactment Date: 13-12-1974
Act Year: 1974
Ministry: Ministry of Finance
Department: Department of Revenue
Enforcement Date : 19-12-1974
Section 7(1)(b)
Crime: Failing to comply with an order directing an absconding person to appear before such officer, at such place and within such period as may be specified
Title:
Powers in relation to absconding persons.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 12(4)
Crime: Failing to surrender at the specified time and place to the authorities after being temporarily released
Title:
Temporary release of persons detained.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Credit Information Companies (Regulation) Act, 2005
Enactment Date: 23-06-2005
Act Year: 2005
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 14-12-2006
Financial Laws
Short Title
The Credit Information Companies (Regulation) Act, 2005
Long Title
An Act to provide for regulation of credit information companies and to facilitate efficient distribution of credit and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 23-06-2005
Act Year: 2005
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 14-12-2006
Section 23(4)
Crime: Contravening or failing to comply with the provisions of this Act.
Title:
Offences and penalties.
Fine MIN: Not specified | MAX: INR 100000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 5000 (Per day of continued contravention)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 23(3)
Crime: Wilfully or knowlingly providing false credit information in any material particular.
Title:
Offences and penalties.
Fine MIN: N/A | MAX: INR 10000000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 23(2)
Crime: Wilfully breaching privicy of the users by collecting, processing, collating, recording, preserving, sharing or using credit information.
Title:
Offences and penalties.
Fine MIN: N/A | MAX: INR 10000000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 23(1)
Crime: Wilfully or knowingly making a false statement or omitting to make a material statement in any return or other document required under this Act.
Title:
Offences and penalties.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 22.
Crime: Possessing or controling access to unauthorized credit information.
Title:
Unauthorised access to credit information.
Fine MIN: N/A | MAX: INR 100000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 10000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Deposit Insurance and Credit Guarantee Corporation Act, 1961
Enactment Date: 07-12-1961
Act Year: 1961
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 01-01-1962
Financial Laws
Short Title
The Deposit Insurance and Credit Guarantee Corporation Act, 1961
Long Title
An Act to provide for the establishment of a corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 07-12-1961
Act Year: 1961
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 01-01-1962
Section 47(1)
Crime: Wilfully and knowingly making a false statement regarding material particulars in any return, balance-sheet or other document.
Title:
Penalties.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 47(1)
Crime: Wilfully omitting to make a material statement in any return, balance-sheet or other document.
Title:
Penalties.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Depositories Act, 1996
Enactment Date: 10-08-1996
Act Year: 1996
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date: 20-09-1995
Financial Laws
Short Title
The Depositories Act, 1996
Long Title
An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 10-08-1996
Act Year: 1996
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date : 20-09-1995
Section 20(2)
Crime: Failing to pay the penalty imposed by the Adjudicating Officer or the Board.
Title:
Offences
Fine MIN: N/A | MAX: INR 250000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(2)
Crime: Failing to comply with any directions or orders issued by the Adjudicating Officer or the Board.
Title:
Offences
Fine MIN: N/A | MAX: INR 250000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(1)
Crime: Contravening the provisions of this Act or the rules, regulations or bye-laws made thereunder.
Title:
Offences
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Factoring Regulation Act, 2011
Enactment Date: 22-01-2012
Act Year: 2012
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 02-04-2012
Financial Laws
Short Title
The Factoring Regulation Act, 2011
Long Title
An Act to provide for and regulate assignment of receivables by making provision for registration there for and rights and obligations of parties to contract for assignment of receivables and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 22-01-2012
Act Year: 2012
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 02-04-2012
Section 23
Crime: Contravening any provision of this Act or any rules made thereunder, for which no specific penalty has been provided.
Title:
Offences.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Foreign Contribution (Regulation) Act, 2010
Enactment Date: 26-09-2010
Act Year: 2010
Ministry: Ministry of Home Affairs
Department: Department of Internal Security
Enforcement Date: 01-05-2011
Financial Laws
Short Title
The Foreign Contribution (Regulation) Act, 2010
Long Title
An Act to consolidate the law to regulate the acceptance and utilisation of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental to the national interest and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 26-09-2010
Act Year: 2010
Ministry: Ministry of Home Affairs
Department: Department of Internal Security
Enforcement Date : 01-05-2011
Section 37
Crime: Failing to comply with any provision of this Act for which no separate penalty has been provided.
Title:
Penalty for offences where no separate punishment has been provided.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 35.
Crime: Accepting, or assisting any person, political party or organisation in accepting, any foreign contribution, currency or security from a foreign source in contravention of this Act.
Title:
Punishment for contravention of any provision of the Act.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 34.
Crime: Contravening a prohibitory order by paying, delivering, transferring or otherwise dealing in any article, currency or security.
Title:
Penalty for article or currency or security obtained in contravention of section 10.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 33(b)
Crime: Knowingly seeking prior permission or registration by means of fraud, false representation or concealment of material fact.
Title:
Making of false statement, declaration or delivering false accounts.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 33(a) r/w Section 9(c)
Crime: Knowingly giving false intimation of amount, source, manner and purpose of utilisation of foreign contribution.
Title:
Making of false statement, declaration or delivering false accounts.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 33(a) r/w Section 18
Crime: Knowingly giving false intimation of amount, source, manner and purpose of utilisation of foreign contribution upon being granted a certificate or prior approval under this Act.
Title:
Making of false statement, declaration or delivering false accounts.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Foreign Exchange Management Act, 1999
Enactment Date: 29-12-1999
Act Year: 1999
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date: 01-06-2000
Financial Laws
Short Title
The Foreign Exchange Management Act, 1999
Long Title
An Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
Basic Details
Enactment Date: 29-12-1999
Act Year: 1999
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date : 01-06-2000
Section 13(1C)
Crime: Acquiring any foreign exchange, foreign security or immovable property situated outside India, whose aggregate value exceeds the threshold prescribed.
Title:
Penalties.
Fine MIN: Not specified | MAX: Prescribed, but amount not specified
Imprisonment MIN: Not specified | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Forward Contracts (Regulation) Act, 1952
Enactment Date: 26-12-1952
Act Year: 1952
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date: 24-08-1953
Financial Laws
Short Title
The Forward Contracts (Regulation) Act, 1952
Long Title
An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith.
Basic Details
Enactment Date: 26-12-1952
Act Year: 1952
Ministry: Ministry of Finance
Department: Department of Economic Affairs
Enforcement Date : 24-08-1953
Section 21(h)
Crime: Manipulating prices in respect of forward contracts for the sale or purchase of any notified goods in such area specified in said notification.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(g)
Crime: Knowingly making, publishing, or circulating false statements or information affecting or tending to affect the course of business in forward contracts for notified goods.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(f)
Crime: Joining, gathering, or assisting in gathering persons at any place other than the specified business place of a recognised association, for making bids or offers or for entering into, making, or performing forward contracts in contravention of this Act.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(e)
Crime: Canvassing, advertising, or touting, for any business connected with forward contracts in contravention of the Act, while not being a member of a recognised association or its authorised agent.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(d)
Crime: Wilfully misrepresenting to or inducing any person to wrongly believe that one is a member of a recognised association, or that forward contracts can be entered into, made or performed through them.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(c)
Crime: Managing, controlling or assisting in keeping any place other than that of a recognised association, which is used for entering into, making or performing any forward contracts in contravention of any of the provisions of this Act.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(b)
Crime: Organising or assisting in organising of any association other than a recognised association for assisting in entering into, making or performing any forward contracts without permission of the Central Government.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(b)
Crime: Becoming a member of any association other than a recognised association for assisting in entering into, making or performing any forward contracts without permission of the Central Government.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 21(a)
Crime: Owning or keeping a place other than that of a recognised association, and knowingly permitting it to be used for entering into or making or performing any forward contracts in contravention of any of the provisions of this Act.
Title:
Penalty for owning or keeping place used for entering into forward contracts in goods.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(c)
Crime: Publishing or circulating information relating to the rate at which any forward contract has been entered into in contravention of any bye-laws of a recognised association.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(e) r/w Section 19
Crime: Entering into options in goods.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(e) r/w Section 17
Crime: Entering into a forward contract for the sale or purchase of notified goods or classes of goods, without permission from the Central Government.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(e) r/w Section 15(4)
Crime: As a member of a recognised association, entering into a forward contract with a non-member on one's own account in respect of notified goods, without obtaining the consent or authority of such person in writing and disclosing that such sale or purchase has been made on one's own account.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(e) r/w Section 15(3A)
Crime: Entering into any forward contract for the sale or purchase of any notified goods in contravention of any of the specified bye-laws in force at the time.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(e) r/w Section 15(1)
Crime: Entering into any forward contract for the sale or purchase of goods as notified to be illegal.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(d)
Crime: Organising or assisting in organising any association in contravention of specified provisions of the Act.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(d)
Crime: Being a member of any association in contravention of specified provisions of the Act.
Title:
Penalties.
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: 0.08 YRS | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(b)
Crime: Being a member of any association to which a certificate of registration has not been granted.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(iii) r/w Section 14
Crime: Entering into any forward contract during the suspension of business of a recognised association in pursuance of a notification.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(ii)
Crime: Failing to furnish any return, statement or other document or information.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(ii)
Crime: Failing to comply with any requisition made under this Act or rules.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(ii)
Crime: Failing to answer any question.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(i)
Crime: Knowingly making a false statement in any return, statement or other document required under the Act.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 20(a)(i)
Crime: Wilfully omitting to make a material statement in any return, statement or other document required under the Act.
Title:
Penalties
Fine MIN: INR 1000 | MAX: Not specified
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Insolvency and Bankruptcy Code, 2016
Enactment Date: 28-05-2016
Act Year: 2016
Ministry: Ministry of Corporate Affairs
Financial Laws
Short Title
The Insolvency and Bankruptcy Code, 2016
Long Title
An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 28-05-2016
Act Year: 2016
Ministry: Ministry of Corporate Affairs
Enforcement Date :
Section 77A(2)
Crime: Deliberately contravening the provisions of the Chapter relating to pre-packaged insolvency resolution process.
Title:
Punishment for offences related to pre-packaged insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 77 A(1)(c)
Crime: Knowingly and wilfully authorising or permitting the furnishing of false information or omission of material fact by the corporate debtor in the application to initiate pre-packaged insolvency resolution process or in the list of claims or the preliminary information memorandum.
Title:
Punishment for offences related to pre-packaged insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 77 A(1)(b) r/w Section 54G
Crime: Knowingly providing false information or omitting material fact as a corporate debtor in the list of claims or the preliminary information memorandum.
Title:
Punishment for offences related to pre-packaged insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 77A(1)(a) r/w Section 54C
Crime: Knowingly providing false information or omitting material fact as a corporate debtor in the application to initiate pre-packaged insolvency resolution process.
Title:
Punishment for offences related to pre-packaged insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 77(b)
Crime: Knowingly and wilfully authorising or permitting the furnishing of false information or omission of material fact by the corporate debtor in the application for corporate insolvency resolution process by corporate applicant.
Title:
Punishment for providing false information in application made by corporate debtor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 77(a) r/w Section 10
Crime: Knowingly providing false information or omitting material fact as a corporate debtor in the application for corporate insolvency resolution process by corporate applicant.
Title:
Punishment for providing false information in application made by corporate debtor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(b)
Crime: Knowingly and wilfully authorising or permitting the concealment in an application of the fact that the corporate debtor had notified the operational creditor of a dispute in respect of the unpaid operational debt or the full and final payment of the unpaid operational debt.
Title:
Punishment for non-disclosure of dispute or payment of debt by operational creditor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 76(a) r/w Section 9
Crime: Wilfully or knowingly concealing the fact that the corporate debtor had notified the operational creditor of a dispute in respect of the unpaid operational debt or the full and final payment of the unpaid operational debt, in an application for initiation of corporate insolvency resolution process.
Title:
Punishment for non-disclosure of dispute or payment of debt by operational creditor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 75
Crime: Knowingly furnishing false information in the application pertaining to corporate insolvency resolution process, or omitting any material facts therein.
Title:
Punishment for false information furnished in application.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 74(3)
Crime: Knowingly and wilfully contravening any of the terms of an approved resolution plan which are binding on the corporate debtor or any of their officers or on the creditor.
Title:
Punishment for contravention of moratorium or the resolution plan.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 74(2)
Crime: Willingly or knowingly authorising or permitting the contravention of the provisions relating to Moratorium by a creditor.
Title:
Punishment for contravention of moratorium or the resolution plan.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 74(1)
Crime: Willingly or knowingly authorising or permitting the contravention of the provisions relating to Moratorium by a corporate debtor or any of their officers.
Title:
Punishment for contravention of moratorium or the resolution plan.
Fine MIN: INR 100000 | MAX: INR 300000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 73(b)
Crime: Making any false representation or committing any fraud prior to the insolvency commencement date, to obtain the consent of any creditor to an agreement with reference to the affairs of the corporate debtor.
Title:
Punishment for false representations to creditors.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 73(a)
Crime: Making a false representation or committing any fraud for the purpose of obtaining the consent of any creditor to an agreement with reference to the affairs of the corporate debtor, during the corporate insolvency resolution process or the liquidation process.
Title:
Punishment for false representations to creditors.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 72.
Crime: Making any material and wilful omission in any statement relating to the affairs of the corporate debtor, as an officer of the corporate debtor.
Title:
Punishment for wilful and material omissions from statements relating to affairs of corporate debtor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 71
Crime: Making or being in the knowledge of the making of any false or fraudulent entry in any register, books of account or document belonging to the corporate debtor with intent to defraud or deceive any person, on and after the insolvency commencement date.
Title:
Punishment for falsification of books of corporate debtor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 71
Crime: Destroying, mutilating, altering or falsifying any books, papers or securities on and after the insolvency commencement date.
Title:
Punishment for falsification of books of corporate debtor.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(2)
Crime: Deliberately contravening the provisions relating to offences and penalties of the Insolvency & Bankruptcy Code, as an insolvency professional.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(f)
Crime: Accounting for any part of the property of the corporate debtor by fictitious losses or expenses at any meeting of the creditors of the corporate debtor within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(e)
Crime: Preventing the production of any book or paper affecting or relating to the property or affairs of the corporate debtor, on or after the insolvency commencement date as an officer of the corporate debtor.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(d)
Crime: Failing to inform the solution professional of the information known by an officer of the corporate debtor that a debt has been falsely proved by any person during the corporate insolvency resolution process on or after the insolvency commencement date.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(c)
Crime: Failing to deliver all books and papers belonging to the corporate debtor in control or custody of an officer of the corporate debtor to the resolution professional as required, on or after the insolvency commencement date.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(b)
Crime: Failing to deliver all or part of the property of the corporate debtor in control or custody to the resolution professional as required of an officer or the corporate debtor, on or after the insolvency commencement date.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 70(1)(a)
Crime: Failing to disclose all the details of property of the corporate debtor, and details of transactions thereof, or any such other information to the resolution professional as required of an officer of the corporate debtor on or after the insolvency commencement date.
Title:
Punishment for misconduct in course of corporate insolvency resolution process.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 69(b)
Crime: Concealing or removing any part of the property of the corporate debtor within two months before the date of any unsatisfied judgment, decree or order for payment of money obtained against the corporate debtor.
Title:
Punishment for transactions defrauding creditors.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 69(a)
Crime: Making or causing to be made any gift or transfer of the property of the corporate debtor.
Title:
Punishment for transactions defrauding creditors.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 69(a)
Crime: Causing or conniving in the execution of a decree or order against the property of the corporate debtor.
Title:
Punishment for transactions defrauding creditors.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 1.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(iii)
Crime: Taking in pawn or pledge, or otherwise receiving the property, knowing it to be so secured, transferred or disposed as punishable for having been concealed.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(f)
Crime: Wilfully creating any security interest over, transferring or disposing of any property of the corporate debtor which has been obtained on credit and has not been paid for in the ordinary course of the business of the corporate debtor, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(e)
Crime: Fraudulently parting with, altering or making any omission in any document affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(e)
Crime: Having knowledge of another person fraudulently parting with, altering or making any omission in any document affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(d)
Crime: Wilfully making a false entry in any book or paper affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(d)
Crime: Having knowledge of another person wilfully making a false entry in any book or paper affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(c)
Crime: Wilfully concealing, destroying, mutilating or falsifying any book or paper affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(c)
Crime: Having knowledge of another person wilfully concealing, destroying, mutilating or falsifying any book or paper affecting or relating to the property of the corporate debtor or its affairs, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(b)
Crime: Fraudulently removing any part of the property of the corporate debtor of the value of ten thousand rupees or more, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(ii) r/w Section 68(i)(a)
Crime: Wilfully concealing any property or part of such property of the corporate debtor or concealing any debt due to, or from, the corporate debtor, of the value of ten thousand rupees or more, at any time after the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(g)
Crime: Wilfully concealing the knowledge of commitment by others of acts relating to concealment of property or making of any false entry affecting the property or fraudulent parting with any document affecting the property of the corporate debtor, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(f)
Crime: Wilfully creating any security interest over, transferring or disposing of any property of the corporate debtor which has been obtained on credit and has not been paid for in the ordinary course of the business of the corporate debtor, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(e)
Crime: Fraudulently parting with, altering or making any omission in any document affecting or relating to the property of the corporate debtor or its affairs, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(d)
Crime: Wilfully making a false entry in any book or paper affecting or relating to the property of the corporate debtor or its affairs, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(c)
Crime: Wilfully concealing, destroying, mutilating or falsifying any book or paper affecting or relating to the property of the corporate debtor or its affairs, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(b)
Crime: Fraudulently removing any part of the property of the corporate debtor of the value of ten thousand rupees or more, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 68(i)(a)
Crime: Wilfully concealing any property or part of such property of the corporate debtor or concealing any debt due to, or from, the corporate debtor, of the value of ten thousand rupees or more, within the twelve months immediately preceding the insolvency commencement date.
Title:
Punishment for concealment of property.
Fine MIN: INR 100000 | MAX: INR 10000000
Imprisonment MIN: 3.0 YRS | MAX: 5.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 235A.
Crime: Contravening any provisions of this Code or the rules or regulations made thereunder for which no punishment is otherwise provided.
Title:
Punishment where no specific penalty or punishment is provided.
Fine MIN: INR 100000 | MAX: INR 20000000
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 187(b)
Crime: Wilfully acting in a manner that the estate of the bankrupt has suffered any loss in consequence of breach of any duty of the bankruptcy trustee while carrying out their functions.
Title:
Punishment for certain actions.
Fine MIN: 3x the amount of loss | MAX: INR 500000 (When the loss is not quantifiable)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 187(a)
Crime: Fraudulently misapplying, retaining, or accounting for any money or property comprised in the estate of the bankrupt, as a bankruptcy trustee.
Title:
Punishment for certain actions.
Fine MIN: 3x the amount of loss | MAX: INR 500000 (When the loss or unlawful gain is not quantifiable)
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(f)
Crime: Absconding after the bankruptcy commencement date, as a bankrupt.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(e)
Crime: Failing to account for any loss incurred of any substantial part of the property comprised in the estate of a bankrupt from twelve months before the filing of the bankruptcy application, without any reasonable cause or satisfactory explanation.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000 (3x the amount of loss if quantifiable; 5,00,000 if not quantifiable)
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(d)
Crime: Failing to deliver the possession of any property comprised in the estate and the possession and control of a bankrupt which is required to be delivered to the bankruptcy trustee.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(c)
Crime: Contravening the specified disqualifications and restrictions imposed on a bankrupt.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(b)
Crime: Fraudulently falsifying or altering books of account, financial information and other records.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(b)
Crime: Fraudulently failing to provide or deliberately withholding the production of books of account, financial information and other records.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(b)
Crime: Fraudulently destroying books of account, financial information and other records.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(a)
Crime: Knowingly making a false representation while making an application for bankruptcy or while providing any information during the bankruptcy process.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 186(a)
Crime: Wilfully omitting or concealing any material information while making an application for bankruptcy or while providing any information during the bankruptcy process.
Title:
Punishment for false information, concealment, etc., by bankrupt.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 185.
Crime: Deliberately contravening the provisions relating to insolvency regulation and bankruptcy for individuals and partnership firms, as an insolvency professional.
Title:
Punishment for contravention of provisions.
Fine MIN: INR 100000 | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 184(2)
Crime: Promising to vote in favour of the repayment plan dishonestly by accepting any money, property or security from the debtor, as a creditor.
Title:
Punishment for false information, etc., by creditor in insolvency resolution process.
Fine MIN: Not specified | MAX: INR 500000 (3x the amount involved if quantifiable; 5,00,000 if not quantifiable)
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 184(1)
Crime: Providing false information in any material particulars to the resolution professional as a debtor or creditor.
Title:
Punishment for false information, etc., by creditor in insolvency resolution process.
Fine MIN: Not specified | MAX: INR 500000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Negotiable Instruments Act, 1881
Enactment Date: 09-12-1881
Act Year: 1881
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 01-03-1882
Financial Laws
Short Title
The Negotiable Instruments Act, 1881
Long Title
An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Basic Details
Enactment Date: 09-12-1881
Act Year: 1881
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 01-03-1882
Section 138.
Crime: Issuing a cheque for the discharge of a debt/liability which is returned unpaid due to insufficiency of funds or for exceeding the amount agreed to be paid from that account by the bank.
Title:
Dishonour of cheque for insufficiency, etc., of funds in the account.
Fine MIN: Not specified | MAX: 2x the amount of the cheque.
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Payment and Settlement Systems Act, 2007
Enactment Date: 20-12-2007
Act Year: 2007
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 12-08-2008
Financial Laws
Short Title
The Payment and Settlement Systems Act, 2007
Long Title
An Act to provide for the regulation and supervision of payment systems in India and to designate the Reserve Bank of India as the authority for that purpose and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 20-12-2007
Act Year: 2007
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 12-08-2008
Section 25(1)
Crime: Initiating an electronic funds transfer that cannot be executed on the grounds of insufficient funds, or of exceeding agreed limits with the bank.
Title:
Dishonour of electronic funds transfer for insufficiency, etc., of funds in the account.
Fine MIN: Not specified | MAX: 2x the amount of electronic funds transfer
Imprisonment MIN: Not specified | MAX: 2.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(5)
Crime: Failing to comply with a direction issued under this Act within the period stipulated by the Reserve Bank, or within a reasonable time where no such period is stipulated.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 10000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 100000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(5)
Crime: Failing to pay the penalty imposed by the Reserve Bank within a period of thirty days from the date of the order.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 10000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 100000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(4) r/w Section 22
Crime: Disclosing confidential information related to payment systems as a system provider.
Title:
Penalties.
Fine MIN: Not specified | MAX: Higher of 50,000 or 5x the face value of the specified bank notes tendered
Imprisonment MIN: Not specified | MAX: 0.5 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(2)
Crime: Wilfully and knowingly making a false statement in any application for authorisation or return or other document where information is required to be furnished.
Title:
Penalties.
Fine MIN: INR 1000000 | MAX: INR 5000000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(2)
Crime: Wilfully omitting to make a material statement, in any application for authorisation or return or other document where information is required to be furnished.
Title:
Penalties.
Fine MIN: INR 1000000 | MAX: INR 5000000
Imprisonment MIN: Not specified | MAX: 3.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(1) r/w Section 7
Crime: Failing to comply with the terms and conditions subject to which an authorisation has been issued by the Reserve Bank for operating the payment system.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 10000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 100000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 26(1) r/w Section 4
Crime: Operating payment systems without authorisation issued by the Reserve Bank.
Title:
Penalties.
Fine MIN: Not specified | MAX: INR 10000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 100000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
The Pension Fund Regulatory and Development Authority Act, 2013
Enactment Date: 18-09-2013
Act Year: 2013
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 01-02-2014
Financial Laws
Short Title
The Pension Fund Regulatory and Development Authority Act, 2013
Long Title
An Act to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 18-09-2013
Act Year: 2013
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date : 01-02-2014
Section 32(2)
Crime: Failing to pay the penalty imposed by the member under this Act.
Title:
Offences.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 32(2)
Crime: Failing to comply with any of the directions or orders issued by the member under this Act.
Title:
Offences.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: 0.08 YRS | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 32(1)
Crime: Contravening the provisions of this Act or any rules and regulations made thereunder.
Title:
Offences.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 25000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: Not specified | MAX: INR 25000000
Imprisonment MIN: Not specified | MAX: 10.0 YRS
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 16(7)(d)
Crime: Failing or refusing to sign the notes of any examination.
Title:
Power of investigation.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 1000000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 16(7)(c)
Crime: Failing or refusing to appear before the Investigating Authority personally when required to do so without a reasonable cause.
Title:
Power of investigation.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 1000000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 16(7)(b)
Crime: Failing or refusing to furnish any information as per the duty without a reasonable cause.
Title:
Power of investigation.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine MIN: N/A | MAX: INR 1000000 (Per day)
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Section 16(7)(a)
Crime: Failing or refusing to produce any book, register, other document or record to an investigative Authority without a reasonable cause.
Title:
Power of investigation.
Fine MIN: Not specified | MAX: INR 250000000
Imprisonment MIN: Not specified | MAX: 1.0 YRS | FORM OF IMPRISONMENT: Not specified
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death
Fine
Imprisonment
Judicial Discretion between Fine and Imprisonment
Life Imprisonment
Death