Section 59:
Penalty for contravention of provisions of Act.
59. Penalty for contravention of provisions of Act.—Whoever contravenes any of the provisions of
this Act or any rules or regulations made thereunder shall be punished with imprisonment which shall not
be less than one year but which may extend to three years or with fine which shall not be less than one lakh
rupees but which may extend to five lakh rupees or with both.