Whoever having been previously convicted of an offence punishable under this Chapter, except the offence under section 26, is subsequently convicted of an offence shall be punishable with imprisonment for a term which shall not be less than five years but which may extend to ten years and with fine which shall not be less than ten lakh rupees but which may extend to fifty crore rupees.
Section 24: Punishment for repeat offenders.
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 | 24 |
| Marginal note | Punishment for repeat offenders. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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