Penalty for acquisition or transfer of share in contravention of sections 108A to 108D.
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....t for a term which may extend to three years, or with fine which may extend to [1][fifty thousand rupees], or with both. (2)(a) Every body corporate which makes any transfer of shares without giving any intimation as required by section 108B shall be punishable with fine which may extend to [2][fifty thousand rupees]. (b) Where any contravention of the provisions of section 108B has been made ....
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....al Government under section 108B, or gives effect to any transfer of shares made in contravention of any direction made by the Central Government under section 108D, or who exercises any voting right in respect of any share in contravention of any direction made by the Central Government under section 108D, shall be punishable with imprisonment for a term which may extend to five years, and shall ....