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A.F. FERGUSON & CO., CHARTERED ACCOUNTANTS versus SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN

Section 34 (4) Ordinance of Companies (XLVII of 1984), Sections 252 and 254 Code of Corporate Governance, Item XLI & CL (vii) Notification No. 2 (10) SE / SMD / 2002, Date, 28 3 2002 Special Relief Act (I of 1877), Section 42 of the Code of Corporate Governance, Item XLI and CL (vii), as a registered partnership firm of Scope Plaintiffs Chartered Accountants of Public Interest litigation, entered into regulation in the Code of Corporate Governance. Change your external auditors every five years or after the companies obtain the consent of the security and exchange commission pledged by the claimant It was necessary to rotate the partner's charge of engagement of the audit that Item XLI and CL (vii) of the Code of Corporate Governance were highly securities and exchange ordinances, Sections 34 (4) of 1969 and Sections 252 and 254 of the Companies Ordinance, 1984 Voices could not be sued by other companies who had not filed a lawsuit. Or preferred any appeal against the insertion of such a rule, even though they had no such treatment under the law and no such entity could file any claim through the companies whose treatment was terminated. Without the courts, the larger public interest was always considered. In particular, this clash of laws was introduced in many other countries on the fundamental rights touchstone guaranteed under the Constitution, and such law was enforced after Pakistan adopted appropriate procedures by the competent authority. The purpose of such an amendment was to protect the interests of the innocent. Shareholders and stakeholders who have worked hard best advocate from Shahdad Kot lawyer