Section 64, Small Industries Development Bank of India Act, 1989 [S1W-4VT]

As at 6 September 2026. In force from 28 August 1989 by S.O. 2733(E) [N12-4Y2].

In Small Industries Development Bank of India Act, 1989 [A10-ZYX]. This text from 28 August 1989. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 64, Small Industries Development Bank of India Act, 1989 [S1W-4VT]. Machine: S1W-4VT.

64. Penalty for contravention.—(1) Whoever contravenes the provisions of section 4 or section 5 shall be punishable with fine which may extend to fifty thousand rupees, and in the case of a continuing contravention, with an additional fine which may extend to five lakh rupees for every day during which the contravention continues after conviction for the first such contravention. (2) Whoever contravenes any other provision of this Act or the rules made thereunder, for which no penalty is elsewhere provided, shall be punishable with fine which may extend to fifty thousand rupees.

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