Section Section 45S
, he shall be punishable with imprisonment for a term which may extend to two
section 45S, he shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to twice the
1. Subs. by Act 23 of 2019,s. 142, for ~two thousand rupees (w.e.f: 9-8-2019). 2. Subs by $_ 142, ibid., for "one hundred rupees" (w.e.f. 9-8-2019) 3_ Ins. by Act 23 of 1997 10 (w.e.f: 9-1-1997). 4. Subs: by Act 23 0f 2019,s. 142, for " five lakh rupees" (w.e.f: 9-8-2019). 5. Subs. by $_ 142, ibid, for "five thousand rupee" (W.e.f: 9-8-2019). 6. Subs. by s. 142, ibid , for "rupees fifty" (w.e.f: 9-8-2019)_ 7 . Ins. by Act 23 of 1997, s. 10 (w.e.f: 9-1-1997). 8. Subs. by Act 23 of 2019, s. 142, for ~any deposit" (w.e.f 9-8-2019). 9. Subs: by s. 142, ibid , for the "section 4SNA" (w.e.f: 9-8-2019) 10. Ins. by Act 1 of 1984,s. 1l (w.e.f: 15-2-1984).
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amount of deposit received by such person in contravention of that section, O two thousand rupees, whichever is more, or with both: Provided that in the absence of special and adequate reasons to the contrary to be mentioned in the judgment of the court, the imprisonment shall not be less than one year and the fine shall not be less than one thousand rupees. (SB) Notwithstanding anything contained in
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