Securities and Exchange Commission of Pakistan — Judgments of 2009
36 reported judgments of the Securities and Exchange Commission of Pakistan from 2009.
- BESTWAY CEMENT LIMITED 2009 CLD 56
Sections 160, 208, 476 and 506 of the law violate the annual audited accounts of the company for the year related to the purchase of the related company's shares, revealing that the company related wi…
- EX-CHIEF EXECUTIVE OF DANDOT CEMENT COMPANY LIMITED 2009 CLD 61
Failure to transfer regular provident fund contributions to Sections 227, 229, 476 and 495 Provident Fund Trust Under the terms of section 227 of the Companies Ordinance 1984, the company was required…
- AL-ABID SILK MILLS LIMITED 2009 CLD 65
Sections 196, 208, 473 and 476 illegally and violating the law Investing in the relevant company The company contracted with the private company The board of directors of the company did not allow the…
- TRANSMISSION ENGINEERING INDUSTRIES LTD 2009 CLD 76
Implementing a fine company using provident fund trust funds in contravention of the essential provisions of Articles 226, 227, 229 and 476 of the Companies using the funds of the Provident Fund Trust…
- FLYING CEMENT COMPANY LTD 2009 CLD 90
Section 258, 259 and 476 Companies (Cost Accounts Audit) Rules, 1998, Rr 3, 4 and 5 Appointment of Cost Auditor for delay in filing application (audit) Cost according to the provisions of Rule 3 (2) o…
- UNITED INDUSTRIES LTD. v. Mian WAQAR-UD-DIN 2009 CLD 525
Section 234A Securities and Exchange Commission of Pakistan Act (XLII of 1997), Appeals to the Commission's Respondents for the Order of Special Audit by Appointment of Section 33 Auditors, who jointl…
- BABRI COTTON MILLS LTD v. State 2009 CLD 541
Failure to provide material information to understand shareholders conducting special business through Sections 160 and 476, the Special Business Transaction Impact Department, examining the notice of…
- DATA TEXTILES LTD 2009 CLD 548
In Articles 196 and 476, the directors were unlawfully disclosed by the directors that the fine of the fourth quarter accounts of the company for the period related to the reduction of the property, p…
- SIDDIQI & COMPANY, CHARTERED ACCOUNTANTS 2009 CLD 564
Section 255, 258, 260 and 476 Audit of Cost Account of the Company through Audit Generating Cost Account Record Reports Instead of complying with the requirements of the law, the impact analysis, anal…
- NORRIE TEXTILE MILLS LTD 2009 CLD 931
Sec. 231, 473, 476 and 495 Inspection by Company Securities and Exchange Commission of Pakistan Inspection of books of company accounts and other papers, inspection of company accounts books and other…
- BAWANVAIR PRODUCTS LTD 2009 CLD 951
Sections 227, 229, 473, 476 and 495 violate the Securities and Exchange Commission's instructions and abide by the provisions of the law, following instructions on the misappropriation of provident fu…
- INTERNATIONAL HOUSING FINANCE LTD 2009 CLD 970
Sections 4, 5, 25 and 26 Target Company Acquisitions Increase in Shareholder Shareholder Consent of Your Children Acquiring Fines Under Section 5 (Voting Shares and Adequate Acquisition of Takeover) C…
- N.U.A. SECURITIES (PVT.) LTD 2009 CLD 995
Section 22 Brokers and Agents Registration Rules, 2001, R 8 &, Shares of two other companies of the Company executed on Wash Trade were bought and sold in such a way that their buy and sell orders are…
- MAHA SECURITIES (PVT.) LTD 2009 CLD 1051
Enforcement of the record of fines imposed on Section 22 Brokers and Agents Registration Rules, 2001, RR 4 and 8 on empty sales in violation of the Code, showed that the client of the company, who was…
- MUSTEHKAM CEMENT LIMITED 2009 CLD 1154
Failure to furnish a profit and loss account under section 45 profit, the Companies Ordinance section 1984 1984 requires the implementation of a fine company, production and transfer of members under …
- AST WEST INSURANCE COMPANY LTD 2009 CLD 1191
Sections 208 and 476 Investing in an Affiliated Company Without Special Resolution Authorization It was revealed that the Company's audited accounts for the relevant year had been fined that the compa…
- EAST WEST INSURANCE COMPANY LTD 2009 CLD 1197
Sections 160 and 476 examine the notice of abnormal general meeting of a company found during the implementation of the Securities and Exchange Commission's Criminal Enforcement Department notice of a…
- PAKISTAN MUTUAL INSURANCE COMPANY (GUARANTEE) LIMITED v. CHAIRMAN, SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2009 CLD 1374
Failure to maintain Sections 6, 11, 29, 36 and 63 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 33 Securities and Exchange Commission of Pakistan (Insurance) Rules, 2002, R…
- AZEE SECURITIES (PVT.) LTD. 2009 CLD 1416
Section 22 Brokers and Agents Registration Rules, 2001, 8, 12, 13 and Third Schedule Unlawfully buying and selling shares. After examining the relevant records, it was found that the company's clients…
- INVESTEE MUTUAL FUND LIMITED v. DIRECTOR (NBFC DEPARTMENT 2009 CLD 1577
Sections 158, 233, 245, 265 and 277 of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), irregularities in section 33 and noncompliance of some of the 1984 provisions of the Compan…
- (COLONY) THAL TEXTILE MILLS LTD. 2009 CLD 1582
Sections 160, 196 and 484 Review Request A review petition was filed against the order under which section 160 (1) of the Companies Ordinance imposed a fine of Rs 10,000 on the company's chief executi…
- ASIA INSURANCE COMPANY LIMITED. 2009 CLD 1584
Section 492 False Statements After examining the Company's annual audited accounts for the relevant year, a penalty for the Commission's Enforcement Department has been observed that the net commissio…
- PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1589
The failure of the full-time secretary by the Sections 204A and 498 to comply with Section 20 (1) of Germany's Enforcement Company Ordinance 1984, Section 204A of the Company, which was a publicly lis…
- PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1593
Sections 86, 492 and 498 Companies (Release of Capital) Rules; 1996, R 8 Without the issuance of rights shares and the accumulation of any capital other than cash, the Company's Prima fee of fine accu…
- MRA SECURITIES (PVT.) LTD. 2009 CLD 1598
Section 22 Brokers and Agents Registration Rules, 2001, RR 8, 12 and Sailing Orders for Scheduling Shares that imposed a large number of sale orders and were already owned by a fine company without pr…
- PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1602
With the elimination of Sections 305 and 309 Insurance Company, the Additional Registrar of Companies sought the Commission's approval to submit a petition before the High Court to terminate the compa…
- PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1607
Sections 245 and 484 (2) The review application was filed by the company against the order under which the chief executive was fined Rs 120,000 and five directors of the company were executed by the c…
- PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1609
Sections 245 and 476 Failure of the Company to prepare and file its account within a fixed period, the implementation of the fine which the Company is required to prepare (account) under section 245 o…
- ABDUL MUQTADIR SIDDIQUI, PARTNER, MUQTADIR & CO., CHARTERED ACCOUNTANTS 2009 CLD 1615
During the company's inspection under section 255 and ordinance of 260 companies, section 231 of 1984, the auditors' failure to audit the company in accordance with the standards and guidelines, it ha…
- MKA SECURITIES (PVT.) LTD., MEMBER KARACHI STOCK EXCHANGE 2009 CLD 1621
4, 8 and 12 Unauthorized pledge / transfer of company securities suspensions Registration of the company During the past six months, the Securities and Exchange Commission received a substantial numbe…
- CLICK TRADE LIMITED, MEMBER KARACHI STOCK EXCHANGE 2009 CLD 1625
Unauthorized pledge / transfer of investor securities by the Company, Impact Securities and Exchange Commission to allegedly transfer shares and non-payment of funds to the complainant CDA account / e…
- 2009 CLD 1629 2009 CLD 1629
4, 8 and 12 Investors' accounts / Non-transfer of shares and non-payment of funds An unauthorized pledge of investor securities / transfer of company registration was issued by the Commission in the l…
- HAROON SHIEKH v. DIRECTOR (NBFC DEPARTMENT) 2009 CLD 1633
Sections 158 and 245 of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 33 Failure of Annual General Meetings of the Company and Failure to Prepare and Move its Members, …
- DEWAN SUGAR MILLS LTD. 2009 CLD 1636
Sections 208 and 476 of the Company's Annual Accounts Examination for the Year of Investment in Related Companies without Special Interest Received and Interest Receipt It was disclosed that the Compa…
- GUARDIAN SECURITIES (PVT.) LTD. 2009 CLD 1652
R 8 and the schedule of purchase of shares in its proprietary accounts in violation of the Company's rules and regulations, the company executed the client's business in its proprietary account throug…
- 2009 CLD 1658 2009 CLD 1658
4, 8, 12 and Schedule Security and Exchange Commission Shares were transferred, complaints were received against the Company over the last five months in the complainant's CDA accounts / transfer of s…
Other years — Securities and Exchange Commission of Pakistan
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