Penalty for contravention of section 4
Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 deals with penalty for contravention of section 4. Whoever knowingly and wilfully makes any declaration or statement specified under sub-section (1) of section 4, which is false in material particulars, or omits to make a material statement, or makes a statement which he does not believe to be true, shall be punishable with fine which may extend to The Act came into force on 31 Dec 2016.
Whoever knowingly and wilfully makes any declaration or statement specified under sub-section (1) of section 4, which is false in material particulars, or omits to make a material statement, or makes a statement which he does not believe to be true, shall be punishable with fine which may extend to fifty thousand rupees or five times the amount of the face value of the specified bank notes tendered, whichever is higher.
Section 6, The Specified Bank Notes (Cessation of Liabilities) Act, 2017 (Act 2 of 2017).
Cross-references
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Questions about Section 6
What does Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act deal with?
Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act is headed "Penalty for contravention of section 4". Whoever knowingly and wilfully makes any declaration or statement specified under sub-section (1) of section 4, which is false in material particulars, or omits to make a material statement, or makes a statement which he does not believe to be true, shall be punishable with fine which may extend to
How do I find court cases under Section 6 of the Specified Bank Notes (Cessation of Liabilities) 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: Specified Bank Notes (Cessation of Liabilities) Act 6, section 6 Specified Bank Notes (Cessation of Liabilities) Act, section 6 of the Specified Bank Notes (Cessation of Liabilities) Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act, and has it changed?
Its own text turns on section 4 (Exchange of specified bank notes), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When did Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act come into force?
Section 6 of the Specified Bank Notes (Cessation of Liabilities) Act, cited as Specified Bank Notes (Cessation of Liabilities) Act 6, came into force on 31 Dec 2016, having been enacted on 27 Feb 2017. It is in force as at the date shown on this page.
Other sections of this Act
- 4. Exchange of specified bank notes259 words
- 8. Offences by companies253 words
- 2. Definitions164 words
- 5. Prohibition on holding transferring or receiving specified bank notes157 words
- 11. Power to make rules148 words
- 3. Specified bank notes to cease to be liability of Reserve Bank or Central Government112 words
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 24 Oct 2026. This page is not a substitute for legal advice.