Section 45 Residuary penalty
- Amendments
- 2
Whoever contravenes any rules or regulationsSubstituted by Jan Vishwas (Amendment of Provisions) Act, 2023, s. 2 and Schedule, dated 11th August, 2023, with effect from 30 November 2023. Earlier read: "rules or regulations"rules, regulations, directions or orders made under this Act, for the contravention of which no penalty has been separately provided, shall be liable to pay a compensation not exceeding twenty-five thousand rupees to the person affected by such contravention or a penalty not exceeding twenty-five thousand rupeesSubstituted by Jan Vishwas (Amendment of Provisions) Act, 2023, s. 2 and Schedule, dated 11th August, 2023, with effect from 30 November 2023penalty not exceeding one lakh rupees, in addition to compensation to the person affected by such contravention not exceeding—
Substituted by Jan Vishwas (Amendment of Provisions) Act, 2023, s. 2 and Schedule, dated 11th August, 2023, with effect from 30 November 2023(a) ten lakh rupees, by an intermediary, company or body corporate; or
Substituted by Jan Vishwas (Amendment of Provisions) Act, 2023, s. 2 and Schedule, dated 11th August, 2023, with effect from 30 November 2023(b) one lakh rupees, by any other person.
