General provisions regarding penalties

Whoever fails to comply with or acts in contravention of any provision of this Act, shall, if no specific penalty has been provided for in this Act, be punishable,-

1. (a) for the first offence with imprisonment of either description which may extend to five years or with fine which may extend to five lakh rupees, or with both ; and
2. (b) for the second or subsequent offence, with imprisonment of either description which may extend to five years or with fine which may extend to five lakh rupees, or with both.