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ADAMJEE INSURANCE COMPANY LIMITED versus FEDERAL INVESTIGATION AGENCY (F.I.A.) THROUGH DEPUTY DIRECTOR, F.I.A., KARACHI


Sections 59 and 60 of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), section 29 of the Conduct Code (XLV of 1860), sections 406, 468 and 471 of the Federal Investigation Agency Act, 1974 (VIII of 1975), section 3 and the Scheduled Constitution. Of Pakistan (1973), Article 199 Constitutional application by the Federal Investigation Agency to the petitioner's insurance company, alleging that he had made much of the national treasury through fraudulent, fraudulent and fraudulent insurance claims. More damage has been done by the company's officials to the Pakistan Insurance Corporation. , And thereby, the Company's officials committed the offenses punishable under Articles 406/468 and 471, PPC, which were assigned to the Federal Investigation Agency Act of 1974, the schedule associated with the Federal Investigation Agency Act of 1974 Insurance was excluded. Companies and Sections 29, Securities and Exchange Commission of Pakistan Act 1997 provided these powers to the Securities and Exchange Commission to investigate the affairs of insurance companies which are also under Sections 59 and 60 of the Federal Investigation Agency of the Insurance Ordinance 2000. Options were granted, in which case the insurance company had no jurisdiction to issue notices as there was no complaint against the rules of the insurance company.

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