Section 43

Any person who contravenes or fails to comply with any provision of this Act for which no penalty is expressly provided is guilty of an offence and shall, on conviction, be liable to a fine not exceeding thousand .

ABK. He . fi

44, (1) Notwithstanding the provisions of any written law to the contrary a Sessions Court shall have jurisdiction to try any offence against this Act and to impose the full penalty prescribed therefor.

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BORROWING COMPANIES 21