section 72-E
Penalties for offences.
The Madhya Pradesh Co-operative Societies Act, 1960Penalties for offences. Every committee, officer or past officer or member or past member or an employee or a past employee of a society or any other person shall, without prejudice to any action that may be taken against him under any law for the time being in force, be liable to be punished:- (a) For an offence mentioned in clause (i) of Section 72-D, with a fine which may extend to Rs. 50,000/- or with imprisonment for a term which may extend to one year or with both: (b) For an offence mentioned in clause (ii) of Section 72-D with a fine which may extend to Rs. 50,000/-; (c) For an offence mentioned in clause (iii) of Section 72-D with a fine which may extend to Rs. 50,000/-; (d) For an offence mentioned in clauses (iv), (v), (vi) and (vii) with a fine which may extend to Rs. 50,000/- or with imprisonment for a term which may extend to one year or with both.
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