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[Cites 0, Cited by 0] [Section 108I] [Entire Act]

Union of India - Subsection

Section 108I(1) in The Companies Act, 1956

(1)Any person who acquires any share in contravention of the provisions of section 108-A shall be punishable with imprisonment for a term which may extend to three years, or with fine which may extend to [fifty thousand rupees], or with both.