Penalty for failure to comply with requisition made by auditor

Penalty for failure to comply with requisition made by auditor.–– If any person fails to comply with any requisition made by the auditor under section 90, he shall be punishable––

1. (a) with fine which may extend to ten thousand rupees;
2. (b) in case of a continuing failure, with further fine which may extend to five thousand rupees for each day after the first during which the failure continues.