Application of fine
Section 29 of the Payment and Settlement Systems Act, 2007 deals with application of fine. A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings. The Act came into force on 12 Aug 2008.
A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings.
Section 29, The Payment and Settlement Systems Act, 2007 (Act 51 of 2007).
Questions about Section 29
What does Section 29 of the Payment and Settlement Systems Act deal with?
Section 29 of the Payment and Settlement Systems Act is headed "Application of fine". A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings.
How do I find court cases under Section 29 of the Payment and Settlement Systems Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Payment and Settlement Systems Act 29, section 29 Payment and Settlement Systems Act, section 29 of the Payment and Settlement Systems Act. People searching for it also type payment and settlement systems act 2007 section 29. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 29 of the Payment and Settlement Systems Act come into force?
Section 29 of the Payment and Settlement Systems Act, cited as Payment and Settlement Systems Act 29, came into force on 12 Aug 2008, having been enacted on 20 Dec 2007. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.