Penalty for obtaining instrument by fraud, etc.
1[114AB. Penalty for obtaining instrument by fraud, etc.--Where any person has obtained any instrument by fraud, collusion, willful misstatement or suppression of facts and such instrument has been utilised by such person or any other person for discharging duty, the person to whom the instrument was issued shall be liable for penalty not exceeding the face value of such instrument.
Note-
1. Ins. by Act 23 of 2019, s. 76 (w.e.f. 1-8-2019).