ABDUL RAHMAN BALOCH versus SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
Section 282 D Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 20 Securities and Exchange Commission Circular No. 26/2008 Rule 5 11 2008 Non Banking Finance Companies (Establishment and Regulations) Rules, 2003, R7 Constitution of Pakistan, Art. 199 Constitutional application to apply discount rates to mutual funds, such as the investment in net asset value of securities, the securities calculation issued by the Securities and Exchange Commission, which sets the cost of securities organized by the fund. After that, the applicants' investment returns are assessed The complainant alleged that such circular should not be in the public interest which would reduce the size of the investment for the investors to ensure honest and fair trade in the securities markets, Instructions may be issued on the nature of the discriminated circular. Asset management companies, being regulatory authorities, were such companies obliged to comply with such instructions of the Impeded Circular, nor were the profits received by the petitioner returned, neither past nor closed. The transaction was interrupted. The main purpose of the Unknown Circular was to protect the interests of ordinary investors by correcting the defective pricing mechanism to prevent the stock markets from collapsing completely. At the time of the issuance of unregulated circulars, the Commission suffered a lack of liquidity and cost discovery in the market-destroying levels of the stock markets, which led to a complete collapse of market confidence, which in such cases Unprecedented percentage
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