Find a Lawyer

FIRST CAPITAL SECURITIES CORPORATION LTD. versus COMMISSIONER (SECURITIES MARKET) SEC, ISLAMABAD

Section 224 (2) Securities and Exchange Commission of Pakistan Act (XLI of 1997), section 23 (2) (d) fails to take advantage of acquisition of shares in sale and purchase transaction The acquisition order, which was received from the sale and the transaction of the purchase of the shares, failing the tender will benefit the company issuing the notice of notice to the corporation within the period set out in section 224 (2) of the Ordinance, 1984. The commission was ordered to tender the profits after being given a hearing and opportunity. The issuer's request for accuracy of the commission must be raised within six months of the date of acquisition, once the demand has been raised, the issuer has sixty-six months of six-month period or sixty days whichever is later. Subsequently, the matter must be part of the Commission's fund to recover the gains received because it is the property of the Commission that the Commission would like to recover for the benefit of the Commissioner. He said that the duties of the private parties could not be precluded from acting as a rehabilitation mechanism, which became the property of the commission after the termination of the six-month term. After the Commission has taken up the matter with the corporation, the party involved with the issuer has indicated the issue should be promoted and in such cases the corporates stand that the issuer should recover. The deception and the condemnation was because no one could follow it. Take advantage of their own erroneous commissions to start prosecutions under the law lawer from fb area from Shakargarh lawyer