(1) Any person, who—Penalties.
(a) having in his possession or custody or under his control any property forming part of any undertaking of either of the two companies, wrongfully withholds such property from the Custodian or any person authorised under this Ordinance, or
(b) wrongfully obtains possession of any such property, or
(c) wilfully retains any property forming part of any undertaking of either of the two companies or removes or destroys it, or
(d) wilfully withholds from, or fails to deliver to, the Custodian or any person authorised under this Ordinance, any books, papers or other documents relating to any undertaking of either of the two companies, which may be in his possession, power or custody or under his control, or SEC 1] THE GAZETTE OF INDIA EXTRAORDINARY ? j x
(e) fails, without any reasonable excuse, to furnish Information or particulars as provided in sub-section (8) of section 4, shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to ten thousand rupees, or with both.
(2) No court shall take cognizance of an offence punishable under this section except with the previous sanction of the Central Government or an officer authorised by that Government in this behalf.