Residuary penalty.45.
Whoever contravenes any [rules regulations, directions or orders] made under this Act, for the contravention of which no penalty has been separately provided, shall be liable to pay a [penalty not exceeding one lakh rupees, in addition to compensation to the person affected by such contravention not exceeding-
(a)
-
ten lakh rupees, by an intermediary, company or body corporate; or
(b)
-
one lakh rupees, by any other person.]
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1. Substituted for "rules or regulations" by the Jan Vishwas (Amendment of Provisions) Act, 2023, w.e.f. 30-11-2023.
2. Substituted for "compensation not exceeding twenty-five thousand rupees to the person affected by such contravention or a penalty not exceeding twenty-five thousand rupees" by the Jan Vishwas (Amendment of Provisions) Act, 2023, w.e.f. 30-11-2023.
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