Bare ActsThe KARNATAKA MICRO LOAN AND SMALL LOAN (PREVENTION OF COERCIVE ACTIONS) ACT, 2025

Section 13

Penalty for contravention of section 8 of the Act

Amendment status not verified — confirm the current text below against the official source.

Penalty for contravention of section 8 of the Act.- Any person who contravenes of section 8 of this Act, shall be tried and punishable by the Judicial Magistrate First Class, with imprisonment for a term which may extend to ten years and with fine which may extend to rupees five lakh. The offences under this Act are cognizable and non-bailable.

Section 13 – The KARNATAKA MICRO LOAN AND SMALL LOAN (PREVENTION OF COERCIVE ACTIONS) ACT, 2025 | DailyLaw.ai