Penalty for being interested in contracts with Board

Penalty for being interested in contracts with Board. Any person who, being a Trustee or being an officer or servant of the Board, shall, in any case not covered by clause (e) of sub-section (1) of section 8, acquire, directly or indirectly, any share or interest in any contract or employment with, by, or on behalf of, the Board, shall be deemed to have committed an offence punishable under section 168 of the Indian Penal Code.