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MIAN NISAR ELAHI versus MUHAMMAD IQBAL KHAWAJA


Appeal to Securities and Exchange Commission of Pakistan Act 1997 Sections 20 (4) and 33 Interim Relief Commission Appeal Bench, Removal of Stock Exchange Membership and Sale of Appellants Grant of Frozen Shares by Commissioner Commissioner (Securities Market) Interim Relief Appellate Commission's Appellate Bench could not agree to the need for such relief, which was denied by the Stock Exchange, for the Stock Exchange refused to sell or dispose of frozen shares during the pendency. Appeal Bench of the Commission Appeals to Members and Members' Rooms Approving the appeal or proceeding with the sale of these, the stock exchange was instructed to retain the appeal until such time that no further action could be taken. Orders

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