law: Trade Monopolies and Restrictive Trade Practices Act, 1969 
  50. Penalty for Offences in Relation to Orders under the Act.
  (1) A person, who is deemed under
  
  section 13 to be guilty of an offence under this Act, shall be punishable with
  
  imprisonment for term which may extend to three years, or with fine which may
  
  extend to fifty thousand rupees, or with both, and where the offence is a
  
  continuing one, with a further fine which may extend to five thousand rupees
  
  for every day, after the first, during which such contravention continues.
  
  
  (2) If any person contravenes, without any reasonable excuse, any order made by
  
  the Central Government under section 31 or any order made by the Commission
  
  under section 37, he shall be punishable with imprisonment for a term which
  
  shall not be less than, -
  (a) in the case of the
  
  first offence, six months but not more than three years, and
  
  
  (b) in the case of any second or subsequent offence in relation to the goods or
  
  services in respect of which the first offence was committed, two years but not
  
  more than seven years, and, in either case, where the contravention is a
  
  continuing one, also with fine which may extend to five thousand rupees for
  
  every day, after the first, during which such contravention continues :
  Provided that the Court may, for
  
  reasons to be recorded in writing, impose a sentence of imprisonment for a term
  
  lesser than the minimum term specified in this sub-section.
  
  
  (3) If any person carries on any trade practice which is prohibited by this
  
  Act, he shall be punishable with imprisonment for a term which may extend to
  
  six months, or with fine which may extend to five thousand rupees, or with
  
  both, and where the offence is a continuing one, with a further fine which may
  
  extend to five hundred rupees for every day, after the first, during which such
  
  contravention continues.