Penalty cap for offences under section 446B reduced to a fraction of the prescribed penalty, limiting maximum liability. The amendment substitutes the prior phrase making defaults 'punishable with fine' and referring to penalties 'specified in such sections' with wording that an offender shall be liable to a penalty which shall not be more than one-half of the penalty specified in such sections, thereby imposing a reduced penalty ceiling relative to the penalties previously prescribed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty cap for offences under section 446B reduced to a fraction of the prescribed penalty, limiting maximum liability.
The amendment substitutes the prior phrase making defaults "punishable with fine" and referring to penalties "specified in such sections" with wording that an offender shall be liable to a penalty which shall not be more than one-half of the penalty specified in such sections, thereby imposing a reduced penalty ceiling relative to the penalties previously prescribed.
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