Section 35: Application of fine. The Tribunal imposing any fine under this Ordinance may direct that — Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980

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.

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35. Application of fine. The Tribunal imposing any fine under this Ordinance may direct that the whole or any part thereof shall be applied in or towards__ (i) payment of costs of the proceedings; (ii) payment to an aggrieved party of compensation for any loss caused by the offence; (iii) payment of compensation for any loss mentioned in sub-section (2) of section 31.

Effective date: 1980-01-01

Related sections

Section 34: Powers of the Registrar in relation to certain proceedings. In any proceedings under Section 36: Enforcement of provisions of the Ordinance, etc Section 33: Liability of director manager or officer of a company Section 37: Exemption from tax. The income of a modaraba shall be exempt from tax under the Section 32: Penalty Section 38: Power of Federal Government to exempt, etc. The Federal Government may, by

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