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FRIEND STOCK LINKER (REGD.) THROUGH MUHAMMAD TAHIR ISMAIL versus NIAZ MUHAMMAD BHATTI


Section 5A & 20 Securities and Exchange Commission of Pakistan Act (XLI of 1997), section 33 prohibited the transfer of business shares of unauthorized brokerage that the appellant was conducting brokerage business without permission. Due to this allegation being confirmed, it is for obvious reasons. The notice was issued to him and the commissioner, under his order, banned the transfer of shares from the appellant's account even though he admitted that he was dealing with an unauthorized brokerage, but all the claims filed against him by the appellant. Were unwilling to accept the transfer order, although the terms of the shares could not be accepted in any case, but if the appellant expressed his sincere intention to settle the claim against him more than once, all The parties' interest can only be resolved in a transparent and fair manner as soon as possible to resolve the claims against the appellant. Is. Appellant; Under the circumstances, the claimants were directed to settle the claims

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