Section-49 General provisions relating to penalty

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Section-49 General provisions relating to penalty. –

While adjudging the quantum of penalty under this Chapter, the Adjudicating Officer or the Tribunal, as the case may be, shall have due regard to the following:-

a.     the amount of gain or unfair advantage, wherever quantifiable, made as a result of the contravention,

b.    the amount of loss caused or likely to cause to any person as a result of the contravention,

c.     the repetitive nature of the contravention,

d.    whether the contravention is without his knowledge, and

e.     any other relevant factor.

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