The Oil Industry (Development) Act, 1974
23. Penalties.
Any person who,--
- being required under this Act to
produce any books, accounts or records or furnish any information, fails to
produce such books, accounts or records or fails to furnish such information or
furnishes information which is false, and which he either knows or believes to
be false, or does not believe to be true; or
- obstructs any member or any officer
or other employee of the Board or any person authorized in this behalf by the
Central Government or by the Board in the exercise of any power conferred or in
the discharge of any duty imposed on him by or under this Act, shall be
punishable with imprisonment which may extend to one year, or with fine which
may extend to one thousand rupees, or with both.