law: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  28.
  
  Penalties for non-compliance of direction of Reserve Bank.- 
  If
  
  any securitisation company or reconstruction company fails to comply with any
  
  direction issued by the Reserve Bank under section 12, such company and every
  
  officer of the company who is in default, shall be punishable with fine which
  
  may extend to five lakh rupees and in the case of a continuing offence, with an
  
  additional fine which may extend to ten thousand rupees for every day during
  
  which the default continues.