(1) No person other than a registered society shall trade or carry on business under any name or title of which the word "cooperative" is part without the sanction of the Administrator.
(2) Whoever contravenes the provisions of sub-section (2) shall be punishable with fine which may extend to fifty rupees, and in the case of a continuing offence with further fine of five rupees for each day on which the offence is continued after conviction therefor.
Punishment for offences not otherwise provided for.
46. Any registered society or any officer or member thereof or any other person guilty of an offence under this Regulation for which no punishment is expressly provided herein shall be punishable with fine not exceeding fifty rupees.
Cognizance of offences