Amendment status not verified — confirm the current text below against the official source.
Penalties.- (1) Any Person who :- (a) Any property asset, book of account, register or other document, forming part of or relating to the Scheduled Institution withhold Which are in his possession, custody or control from Submitting to the prescribed authority in contravention of section 5;or (b) wrongfully obtains possession of any such property asset, book of account, register or other documents; or (c) Conceals, destroys, or delete any book of account, register or other documents with interest to evade the provisions of section 5; or (d) willfully close not furnish any detail as required by section 5; or (e) furnishes such details in compliance with the requirement of section 6, which is false and, which he either knows or has reason to believe to be false, or does not believe to be true; shall be punishable with imprisonment up to three years or with a fine or both; (2) No Court shall take cognizance of an offence punishable under this section except with the previous sanction of the State Government .