Section 29: Application of fine.

Q: What does Section 29 of The Payment and Settlement Systems Act, 2007 (TPSSA) deal with?

Section 29 TPSSA pertains to "Application of fine.". It is part of the The Payment and Settlement Systems Act, 2007, a legislation enacted by the Parliament of India. Section 29 of The Payment and Settlement Systems Act, 2007 (TPSSA) governs application of fine. As verified on 22 May 2026.

Q: Is Section 29 TPSSA still in force?

Yes, Section 29 of the The Payment and Settlement Systems Act, 2007 is currently in force across the Republic of India.

Q: What is धारा 29 TPSSA?

धारा 29 TPSSA is the Devanagari Hindi reference for Section 29 of the The Payment and Settlement Systems Act, 2007. Section 29 of The Payment and Settlement Systems Act, 2007 (TPSSA) governs application of fine. As verified on 22 May 2026.

Q: What is Dhara 29 TPSSA?

Dhara 29 TPSSA is the Roman Hindi reference for Section 29 of the The Payment and Settlement Systems Act, 2007. "Dhara" means "Section" in Hindi. Section 29 of The Payment and Settlement Systems Act, 2007 (TPSSA) governs application of fine. As verified on 22 May 2026.

Q: How to cite Section 29 of The Payment and Settlement Systems Act, 2007?

Cite as: "Section 29, The Payment and Settlement Systems Act, 2007 (TPSSA)" in legal briefs. For academic writing, use the BlueBook format: The Payment and Settlement Systems Act, 2007, 2007, § 29 (India).

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Tuesday, 28 July 2026

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Table of Contents

The Payment and Settlement Systems Act, 2007

Chapter VII — OFFENCES AND PENALTIES

Section 29

Application of fine.

A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings.

Related Sections

§28

Cognizance of offences.

Offences by companies.

TPSSA

§31

Power to compound offences.

TPSSA

Printed from Law on Tips • The Payment and Settlement Systems Act, 2007

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Table of Contents

The Payment and Settlement Systems Act, 2007

Chapter VII — OFFENCES AND PENALTIES

Section 29

Application of fine.

A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings.