Here we are going to explain what is punishable offence in this section is and how much has imprisonment or fine under section 402.
Assembling for purpose of committing dacoity:
In this section states that whoever, at any time after the passing of this Act, shall be one of five or more persons assembled for the purpose of committing dacoity, shall be punished with rigorous imprisonment for a term which may extend to seven years, and shall also be liable to fine.
Offence: Being one of five or more persons assembled for the purpose of committing Dacoity
Punishment: Rigorous Imprisonment for 7 Years + Fine
This is a Non-Bailable, Cognizable offence and Triable by Court of Session