Section 40, Textile Undertakings (Nationalisation) Act, 1995 [S1Y-QY6]
As at 7 September 2026. In force from 27 August 1995 by S.O. 3656(E) [N12-7WA].
40. Penalty for contravention.—(1) Whoever contravenes the provisions of section 4 or section 5 shall be punishable with fine which may extend to one lakh rupees, and in the case of a continuing contravention, with an additional fine which may extend to five thousand 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 one thousand rupees.
Defined terms in this text (0)
none
Made under this section, or naming it (0)
none
Cited by (1)
Section 2, Textile Undertakings (Nationalisation) Act (Amendment) Act, 2003 [S21-D54], 15 April 2003, Band A. "section 40 of the Textile Undertakings (Nationalisation) Act, 1995 (39 of 1995)".
Not held (0)
none
Duties published under this section (0)
none