Section 1
[(p) every liability incurred or arising under a chit conducted under any chit fund scheme ;
1 [(p) every liability incurred or arising under a chit conducted under any chit fund scheme ;
(q) every debt due to a widow ;
(r) every dower debt ;
(s) every debt arising out of breach of contract of service.]
CHAPTER– R–V –VI
Miscellaneous
Penalty 26. (1) Every person who, after the date of commencement of this Act —
(a) recovers any debt or part thereof including interest from a debtor or a small farmer in contravention of the provision of this Act ; or
(b) intentionally makes any false statement before any officer or authority in proceeding under this Act ; or
(c) intentionally produces before any officer or authority any false document ; or
(d) abets any such act,
shall, on conviction, be liable to imprisonment for a term which may extend to six months or fine which may extend to two thousand rupees or with both.
Every person who fails to furnish the statement referred to in sub -section (1) of section 6, or to comply with the order made or direction given under the said section or otherwise contravenes the provisions of the said section shall be liable to imprisonment for a term which may extend to one year, or with fine which may extend to Rs. 5,000 or with both.
Every offence punishable under sub-section (1) or subsection (2) shall be cognizable.
Every offence punishable under sub-section (1) shall be tried in a summary way and the provisions of sections 262 to 265 (both inclusive) of the Code of Criminal Procedure, 1973, shall, as far as may be, apply to such trial.
(1) Where an offence under this Act has been committed by a company every person, who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of the business of the company as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly :
Offences by companies
Roop's Law Assist