Offences - Section 24

¹[24.Offences

(1) Without prejudice to any award of penalty by the adjudicating officer ⁴[or the Board] under this Act, if any person contravenes or attempts to contravene or abets the contravention of the provisions of this Act or of any rules or regulations made thereunder, he shall be punishable with imprisonment for a term which may extend to ²[ten years, or with fine, which may extend to twenty-five crore rupees or with both].

(2) If any person fails to pay the penalty imposed by the adjudicating officer ⁴[or the Board] or fails to comply with any ⁵[of his] directions or orders, he shall be punishable with imprisonment for a term which shall not be less than one month but which may extend to ³[ten years or with fine, which may extend to twenty-five crore rupees or with both].]

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1. Substituted by Act 9 of 1995, section 13, for section 24 (w.r.e.f. 25-1-1995).

2. Substituted by Act 59 of 2002, section 28, for "one year, or with fine, or with both" (w.r.e.f. 29-10-2002).

3. Substituted by Act 59 of 2002, section 28, for "three years or with fine which shall not be less than two thousand rupees but which may extend to ten thousand rupees or with both." (w.r.e.f. 29-10-2002).

4. Inserted by the Finance Act, 2018.

5. Omitted by the Finance Act, 2018 the previous text was :-

"of his"