Section 36: Enforcement of provisions of the Ordinance, etc
The Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 · Banking/Financial Laws · Legal status not independently verified
Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.
Discuss this provision with AI
36. Enforcement of provisions of the Ordinance, etc.__ (1) If a modaraba company makes default in complying with any provisions of this Ordinance or a direction made or given under this Ordinance and fails to make good the default within thirty days of the service of a notice to the modaraba company requiring it to do so, the Tribunal may, on an application made to the Tribunal by the Registrar, make an order directing the modaraba company and any director or officer thereof to make good the default within such period as may be specified in the order. (2) Nothing in this section shall be deemed to prejudice the operation of any provision of this Ordinance providing for the imposition of penalties on the modaraba company or its directors and officers in respect of any such default as aforesaid.
Effective date: 1980-01-01
Related sections
Version modaraba-companies-and-modaraba-floatation-and-control-ordinance-1980~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.