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MUHAMMAD ZUBAIR versus KARACHI STOCK EXCHANGE(G) LIMITED

In its complaint filed with the Securities and Exchange Commission, the Appeal Bench of the Section 33 Commission, alleging that the account receivable from the stock exchange was false, because of its CDC account. Many of its shares were missing. During the hearing before the Director (LCW), it was alleged that some shares were sold through the Stock Exchange without their consent, for which it had no benefit or benefit of selling to any Director (LCW). Could not be concluded that all transactions were legally executed. Through the movement of the stock exchange and the disputed shares, the broker has fully reflected in the statements provided to the appellant's complaints, after being rejected, he has served with the Appellant through the Director's (LCW) Stock Exchange. Prioritized appeal against invalid order passed. Appeal hearing, stating that they are willing to conduct a proper investigation of the dispute, the Commission can be re-investigated to resolve the matter, no doubt and directed that the investigator complete the investigation and the Commission's securities market Submit the report to the division within a specified period and the Security Market Division will take appropriate and necessary action on the report within 30 days from the submission of the report. best law firms from Pasroor lawyer