# The Depositories Act, 1996, Section 19G: Penalty for contravention where no separate penalty has been provided

- Act: The Depositories Act, 1996 (Act 22 of 1996)
- In force from: 1995-09-20
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/depositories-act-1996/section/19G/

## Text

Whoever fails to comply with any provision of this Act, the rules or the regulations or bye-laws made or directions issued by the Board thereunder for which no separate penalty has been provided, shall be 1 [liable to a penalty which shall not be less than one lakh rupees but which may extend to one crore rupees].

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