Penalty for acquisition or transfer of share in contravention of sections 108A to 108D.

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....ovisions of section 108A shall be punishable with imprisonment 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 thousan....

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...., or with fine which may extend to ^[5][fifty thousand rupees] or with both.      (4)(a) Every person who transfers any share in contravention of any order made by the Central 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 r....

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....thousand rupees], or with both.]     ------------------------------------ Notes:- [1] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [2] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [3] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, ....