MESSRS NATIONAL ASSET LEASING CORPORATION LTD versus EXECUTIVE DIRECTOR (SPECIALIZED COMPANIES DIVISION). SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
Company Ordinance 1984 Section 2 (1) (15A) and 208 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 338 of the Companies Ordinance relating to section 33 violates section 208 of the Ordinance. Appeal to Exchange Commission Investment Appellate Bench The Executive Director of the Security and Exchange Commission of 1984 (SC) said that all the directors of the company have been fined for violating the claim that they are a financial institution, and that section 208 of the Companies Ordinance 1984 applies to this matter. Not just such financial institutions were exempted from the application of section 208 of the Companies Ordinance, 1984, which in the present case was approved by the federal government under section 208 (6) (b) of the Companies Ordinance Company, it was officially The Gazette was never notified as a financial institution. Anies Ordinance, 1984, for the purpose of exemption provided under Section 208 of the Camp, as it cannot qualify for any such financing.
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