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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32. Penalty.__ 1[(1)] If any person__ (a) refuses or fails to furnish any documents, return or information which he is required to furnish by or under this Ordinance; or (b) refuses or fails to comply with any conditions imposed or made by the Federal Government or direction made or given under this Ordinance or the rules; or (c) contravenes or otherwise fails to comply with any provision of this Ordinance or the rules other than those referred to in subsection (1) of section 31, the Registrar, may, if he is satisfied, after giving the person an opportunity of being heard, that the refusal, failure or contravention was wilful, by order, direct that such person shall pay to the Federal Government by way of penalty such sum not exceeding one hundred thousand rupees as may be specified in the order and, in the case of a continuing default, a further sum calculated at a rate not exceeding one thousand rupees for every day after the issue of such order during which the refusal, failure or contravention continues. 1[(2) Any person aggrieved by an order passed under sub-section (1) may, within sixty days of such order, prefer an appeal to the Commission.] 1Re-numbered and added by Act 4 of 1999, s.13.

Effective date: 1980-01-01

Version modaraba-companies-and-modaraba-floatation-and-control-ordinance-1980~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.