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Whoever fails to
comply with any provision of this Act, the rules or the regulations or bye-laws made or directions issued
by the Board thereunder for which no separate penalty has been provided, shall be 1
[liable to a penalty
which shall not be less than one lakh rupees but which may extend to one crore rupees].
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1. Subs. by Act 27 of 2014, s. 48, for certain words (w.e.f. 28-3-2014).