The Banning of Unregulated Deposit Schemes Act, 2019 · VI — OFFENCES AND PUNISHMENTS

Section 26. Punishment for contravention of section 10

In force · As amended up to 2026-08

26. Punishment for contravention of section 10. — Whoever fails to give the intimation required under sub-section (1) of section 10 or fails to furnish any such statements, information or particulars as required under sub-section (2) of that section, shall be punishable with fine which may extend to five lakh rupees.

Source: India Code