Sections 2 (2) (i) (ii), 208 and 476 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 33 examined the investment and annual audited accounts of related companies, showing that 39 A loan of Rs 7 million can be obtained from the appellant's related affiliation, the company said, failing to pass a special resolution for its investment in the relevant under-taxing commission, pursuant to notification number 704 (1) (11) ) The private company was exempted on 13, 2011, was not a subsidiary of a public limited company, with the application of section 208 of the Companies Ordinance, the 1984 company claimed That exemption, which was available to private companies from 13 7 2011, should also apply to pending cases at the time of its release. As per notification 13 2011 2011, the department's request stated that the exemption granted by notification to private companies was increased, which is very high since the notice brought in 2009. He said that the company should not be given a notification which is related to the law. Correctly, in many instances, the Company's Ordinance may be exempt from the operation of section 208 of 1984, which is available to private companies from 2011 to 2011. Applicable to pending cases at the time of the issuance of the notification, it was stated that, although not in the field at the time of the approval of the unidentified order, it was in force at the time of the pass, the exception was extended to take advantage of the company. Was put aside on an unclean order on stage under which the company was fined, under circumstances \ r \ n
Related judgments — Securities and Exchange Commission of Pakistan, 2015