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<h1>Regulatory penalty powers for housing finance companies permit imposition of fines and civil enforcement if penalties remain unpaid.</h1> The substituted section authorises the National Housing Bank or the Reserve Bank to impose specified monetary penalties on housing finance companies for contraventions under section 49, requires service of a show cause notice and an opportunity of being heard, mandates payment within thirty days of the demand notice, permits recovery by the principal civil court and issuance of a certificate enforceable as a decree, and bars filing of court complaints in respect of contraventions for which a penalty has been imposed.