Failure to comply with Sections 26, 473, 476 and 495 Mandatory Instructions The Securities and Exchange Commission of Pakistan passed an order against the company for non-compliance with section 226 of the Companies Ordinance 1984, while examining annual accounts. For the year ended June 30, 2005, certain instructions were given or otherwise scheduled under section 473 of the Companies Ordinance 1984 in connection with the Company's modification of the agreement with cement stockists for the use of security deposits. Keep it at the bank. The Company's record for the submission of legal auditors / certificates, etc., has revealed that the company did not follow the directions of the company, in which case the company may be punished under the provisions of section 495 of the Ordinance, 1984. At the hearing, the cement stocks were kept in a separate bank account in a scheduled bank, assuring them to follow the commission's instructions, instead of imposing a maximum penalty of Rs. 50,000 only token of Rs. \ nThe company's chief executive has been charged Rs 10,000
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