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Section 50 MRTP (The Monopolies and Restrictive Trade Practices Act, 1969): 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 a 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 | Law on Tips | Law on Tips