Bare ActsThe PUNJAB FORWARD CONTRACTS ACT, 1951

Section 18

Amendment status not verified — confirm the current text below against the official source.

(/) Whoever— (a) carries on business as a dealer in contravention of sub-section (J) of section 6; or b) fails, ‘without sufficient cause, to submit any return as required by sub-section (2) of section 7 or submits a false return ; or (c) not being a registered dealer, falsely represents that he is a registered dealer ; or (d) fails, when required so to do under section 10 to keep prescribed accounts ; or (e) refuses to comply with any requirements made of him under section 11 ; or (7) knowingly produces incorrect accounts, registers or documents, or knowingly furnishes incorrect information ; or (g) neglects to furnish any j i section [3 ny information required by ae Bre with fine not exceeding one thousand pees, en the offence is a continuing one, with a auy fine not exceeding ff; i . g fifty rupees Period during Which the offence S contin ny O On a complaint m ude the rules made thereunder except shall wt Mferior to that or), (ee Assessing authority, and all try any such offence agistrate of the first class

Section 18 – The PUNJAB FORWARD CONTRACTS ACT, 1951 | DailyLaw.ai