Whoever, being a public servant, engages in trade or business in his/her
own name or in the name of other person or in partnership with others,
takes part in auction or bidding, or becomes a partner in any firm or
company or a cooperative organization while being prohibited by law, shall
be liable a punishment of imprisonment for a term from three months to
six months and a fine from ten thousand to fifty thousand rupees, and the
property earned in such a manner shall be confiscated.
Provided that, this section shall not be deemed to have hindered to
subscribe shares of a public limited company called for public subscription.