Section 23. Punishment for contravention of section 5
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Act
Banning of Unregulated Deposit Schemes Act, 2019
Section number
23
Section reader
23. Punishment for contravention of section 5.-
Any person who contravenes the provisions of section 5 shall be punishable with imprisonment for a term which shall not be less than one year but which may extend to five years and with fine which may extend to ten lakh rupees.