Section 34 Foreign Contribution (Regulation) Act, 2010

 


Section 34 Foreign Contribution (Regulation) Act, 2010: 

Penalty for article or currency or security obtained in contravention of section 10. —If any person, on whom any prohibitory order has been served under section 10, pays, delivers, transfers or otherwise deals with, in any manner whatsoever, any article or currency or security, whether Indian or foreign, in contravention of such prohibitory order, he shall be punished with imprisonment for a term which may extend to three years, or with fine, or with both; and notwithstanding anything contained in the Code of Criminal Procedure, 1973, (2 of 1974), the court trying such contravention may also impose on the person convicted an additional fine equivalent to the market value of the article or the amount of the currency or security in respect of which the prohibitory order has been contravened by him or such part thereof as the court may deem fit.


Supreme Court of India Important Judgments And Leading Case Law Related to Section 33 Actuaries Act 2006:  Not Yet Available


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