Section 43. Failure to surrender certificate of registration.

(1) If any person whose name has been removed from the register fails without sufficient cause forthwith to surrender his certificate of registration, he shall 1[be liable to penalty which may extend to five thousand rupees]. 2[(2) The penalty referred to in sub-section (1) shall be paid within ten days from the date on which the person’s name was removed from the register. (3) If any person fails to pay the penalty within the period prescribed in sub-section (2) and fails to surrender the certificate of registration; he shall be liable to a further penalty of one thousand rupees for every day during which the contravention continues.]