Any person who contravenes the provisions of section 5 shall be punishable with imprisonment for a term which shall not be less than one year but which may extend to five years and with fine which may extend to ten lakh rupees.
Section 23: Punishment for contravention of section 5.
The Banning of Unregulated Deposit Schemes Act, 2019Central Act · Act 21 of 2019
Where this provision sits
| Act | The Banning of Unregulated Deposit Schemes Act, 2019 |
|---|---|
| Section | 23 |
| Marginal note | Punishment for contravention of section 5. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 2 |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Banning of Unregulated Deposit Schemes Act, 2019 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.