law: 17. Penalties.-
  If any person,
  (a) makes any claim for any payment under this Act, knowing or having reason to believe that such claim is false or without any basis; or
  (b) when required under this Act so to do,-
  (i) omits or fails to produce any register or record of the Company; or
  (ii) makes any statement of furnishes any information which is false in any material particular and which he knows or believes to be false or does not believe to be true; or
  (c) makes any such statement as aforesaid in any book, account, record, register, return or other document,
  he shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to two thousand rupees, or with both.