Section 193 — Punishment of agents, canvassers and aggregators without proper authority

[1] Whoever engages himself as an agent or canvasser in contravention of the provisions of section 93 or of any rules made thereunder shall be punishable [for the first offence with penalty] [of one thousand rupees] and for any second or subsequent offence with imprisonment which may extend to six months, or with fine [of two thousand rupees], or with both. [(2) Whoever engages himself as an aggregator in contravention of the provisions of section 93 or of any rules made there under shall be [liable for a penalty] up to one lakh rupees but shall not be less than twenty-five thousand rupees. (3) Whoever, while operating as an aggregator contravenes a condition of the licence granted under sub-section (1) of section 93, not designated by the State Government as a material condition, shall be [liable for penalty which shall not be less than fifty thousand rupees but may extend to one lakh rupees].]