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[Cites 0, Cited by 0] [Section 50] [Entire Act]

Union of India - Subsection

Section 50(2) in The Monopolies And Restrictive Trade Practices Act, 1969

(2)If any person contravenes, without any reasonable excuse, any order made by the Central Government under section 31 or any order made by the Commission under section 37, he shall be punishable with imprisonment for a term which shall not be less than,-
(a)in the case of the first offence, six months but not more than three years, and
(b)in the case of any second or subsequent offence in relation to the goods or services in respect of which the first offence was committed, two years but not more than seven years, and, in either case, whether the contravention is a continuing one, also with fine which may extend to five thousand rupees for every day, after the first, during which such contravention continues:
Provided that the Court may, for reasons to be recorded in writing, impose a sentence of imprisonment for a term lesser than the minimum term specified in this sub-section.]