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Monopolies and Restrictive Trade Practices Act, 1969


52B. Penalty for making false statement in application, returns, etc.

If any application, return, report, certificate, balance sheet, prospectus, statement or other document made, submitted, furnished or produced for the purpose of any provision of the Act, any person makes a statement-

(a) which is false in any material particular, knowing it to be false, or

(b) which omits to state any material fact, knowing it to be material, he shall be punishable with imprisonment for a term which any extend to two years and shall also be liable to fine.]



Monopolies and Restrictive Trade Practices Act, 1969 Back




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