Penalty for contravention of section 78

(1) If any person carrying on business in notified agricultural produce as a commission agent in the market yard or private market fails to comply his duty as specified under clause (a) and (b) of sub-section (2) of section 78 without any reasonable cause he shall on conviction

2[be punished with penalty not exceeding rupees ten thousand for the first offence, for second offence rupees twenty thousand and for third offence rupees thirty thousand]

1. (2) If any person carrying on business in notified agricultural produce as a commission agent in the market yard or private market fails to comply the responsibility of

payment of price to the seller under clause (c) of sub-section (2) of section 78 without any reasonable cause shall on conviction be

2[punished with imprisonment for a term which may extend to three months or with both which may extend to twice the value of the price and in the case of continuing contravention with a further fine which may extend to rupees ten thousand for the first offence, for second offence rupees twenty thousand and for third offence rupees thirty thousand] during which the contravention is continued after the first conviction.]

¹ Inserted by Act 23 of 2007 w.e.f. 16.8.2007

² Substituted by Act 61 of 2025 w.e.f. ...................