(a)[ the company and each such person shall be punishable with fine which may extend to [five thousand rupees] [ Substituted by Act 53 of 2000, Section 114, for " five hundred rupees" (w.e.f. 13.12.2000).][and in the case of a continuing offence, with an additional fine which may extend to [five hundred rupees] [ Substituted by Act 53 of 2000, Section 114, for " five hundred rupees" (w.e.f. 13.12.2000).][for every day after the first during which the offence continues; and [ Substituted by Act 53 of 2000, Section 114, for " five hundred rupees" (w.e.f. 13.12.2000).]