2[1] Whoever engages himself as an agent or canvasser in contravention of the provisions of section 93 or of any rules made thereunder shall be punishable 3[for the first offence with penalty] 4[of one thousand rupees] and for any second or subsequent offence with imprisonment which may extend to six months, or with fine 5[of two thousand rupees], or with both.
6[(2) Whoever engages himself as an aggregator in contravention of the provisions of section 93 or of any rules made there under shall be 7[liable for a penalty] up to one lakh rupees but shall not be less than twenty-five thousand rupees.
(3) Whoever, while operating as an aggregator contravenes a condition of the licence granted under sub-section (1) of section 93, not designated by the State Government as a material condition, shall be 8[liable for penalty which shall not be less than fifty thousand rupees but may extend to one lakh rupees].]
Footnotes in the official text
- 1.Subs. by Act 32 of 2019, s. 77, for “agents and canvassers” (w.e.f. 1-4-2021).
- 2.Section 193 numbered as sub-section (1) thereof by s. 77, ibid. (w.e.f. 1-4-2021).
- 3.Subs. by Act 8 of 2026, s. 2 and Sch., for “for the first offence with fine” (w.e.f. 15-8-2026).
- 4.Subs. by Act 32 of 2019, s. 77, for “which may extend to one thousand rupees” (w.e.f. 1-9-2019).
- 5.Subs. by s. 77, ibid., for “which may extend to two thousand rupees” (w.e.f. 1-9-2019).
- 6.Ins. by s. 77, ibid, (w.e.f. 1-4-2021).
- 7.Subs. by Act 8 of 2026, s. 2 and Sch., for “punishable with fine” (w.e.f. 15-8-2026).
- 8.Subs. by s. 2 and Sch., ibid., for “punishable with fine of five thousand rupees” (w.e.f. 15-8-2026).