Section 56(2)(b) in The Madras Chit Funds Act, 1961
(b)who contravenes any of the provisions of Section 8, sub-sections (1) and (6) of Section 12, Section 14, Section 15, Section 16, Section 20, Section 21, Section 22, Section 23, sub-section (4) of Section 2, Section 29, Section 35, Section 36, Section 37 and sub-section (4) of Section 51; or