Bare ActsThe Maharashtra Private Placement Agencies (Regulation) Act, 2025

Section 11

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

(1) Whoever contravenes the provisions of section 3 shall be punished with imprisonment for a term which may extend to three years and with fine which may extend to one lakh rupees. (2) Whoever contravenes any provisions other than section 3 of this Act or the rules made thereunder, shall be punished with fine which shall not be less than fifty thousand rupees but which may extend to three lakhs rupees.

Section 11 – The Maharashtra Private Placement Agencies (Regulation) Act, 2025 | DailyLaw.ai