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Section 12: Offences

Small and Medium Enterprises Act · PART IV: MISCELLANEOUS

consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

12. Offences (1) Any person who— (a) contravenes this Act or any regulations made under it; (b) in any application made under this Act, makes a statement which is false or misleading in any material particular, shall commit an offence. S19 – 5 [Issue 10] (2) Any person who commits an offence under this Act shall, on conviction, be liable to a fine not exceeding 50,000 rupees and to imprisonment for a term not exceeding 2 years.

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