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State of West Bengal - Section

Section 195 in West Bengal Co-operative Societies Rules, 2011

195. Penalty for certain misdemeanor under section 141.

— If no cause is shown within a specified time or the cause shown is not considered satisfactory, the Registrar may order a penalty for every contravention referred to in—
(i)clauses (a), (b), (e), (f) and (g) of section 141, a sum not exceeding one thousand rupees;
(ii)clauses (c) and (d) of section 141, a sum not exceeding one-half of the amount of the outstanding loan (in addition to enforcing immediate repayment of the entire outstanding loan to the society or the financing bank concerned).