Section SECOND SCHEDULE - 11

Any person who fails without any reasonable cause to comply with any requirement of the auditor under paragraph 10 or who otherwise hinders, obstructs or delays the auditor in the performance of his functions under this Act shall be guilty of an offence and shall be liable on conviction to a fine not exceeding Rs. 10,000 and, in the case of a continuing offence, to a further fine not exceeding Rs. 1,000 for every day during which the offence continues after conviction.