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MALCOLM M. DALAL versus KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED


R 3 (c) (i) Pakistan Citizenship Act (III of 1951), Section 14 Special Relief Act (I of 1877), Sections 42 and 54, the former effect of the Declaration and Order, which became a member of the Stock Exchange in 1955. Was signed. In 1959, he obtained the citizenship of Section A, but his name continued to be included in the list of members published in 1997. The source said he could do so as a citizen of the U of Section A. Do not retain dual citizenship and, since its name was removed from the membership register, the plaintiff subsequently, under notification issued by the authorities under section 14 (3) of the Pakistan Citizenship Act 1951, on 29-8 2004, the plaintiff. Had become entitled to dual citizenship. And the U. Section A held that the notification was in effect and resolution 8-4 of 1999, under which the plaintiff could not retain dual citizenship and his name was removed from the membership, when it was said that the notification If not in the field, under the R3 (c) (i) clause of the Securities and Exchange Commission Rules, 1971, the powers that the defendants could exercise were to the extent of suspension of a member's membership, provided that this rule It is expressly provided that in the case of the working of the stock exchange, the membership shall be suspended immediately before the commencement of this rule and shall remain suspended until The member was restored to its membership, to become a citizen of Pakistan, will expire membership of the plaintiff, in the view of the notification, null 298 2002

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