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Section 19G: Penalty for contravention where no separate penalty has been provided.

The Depositories Act, 1996Central Act · Act 22 of 1996

Whoever fails to comply with any provision of this Act, the rules or the regulations or bye-laws made or directions issued by the Board thereunder for which no separate penalty has been provided, shall be [liable to a penalty which shall not be less than one lakh rupees but which may extend to one crore rupees].

Where this provision sits

ActThe Depositories Act, 1996
Section19G
Marginal notePenalty for contravention where no separate penalty has been provided.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 27 of 2014. . Subs. by Act 27 of 2014, s. 48, for certain words (w.e.f. 28-3-2014).

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