Penalty for unrecognised forward contract venues: criminal sanctions and fines for operating, organising or inducing prohibited forward trading activities. Section 21 criminalises various forms of facilitation and participation in forward contracts outside recognised associations or without Central Government permission, including owning premises used for prohibited forward trading, organising or joining unrecognised associations, managing such places, misrepresenting membership, canvassing business, assembling persons for bidding, making false market statements, and manipulating prices; convictions attract imprisonment and/or fines with prescribed minimums for repeat offences.