Find a Lawyer

TAURUS SECURITIES LIMITED: IN THE MATTER OF versus TAURUS SECURITIES LIMITED: IN THE MATTER OF

Information provided by the Company about controlling the rules and regulations of Section 22 (1) Karachi Exchange (Guarantee) Limited, Regulation 3 (B) Brokers and Agents Regulation Rules, 2001, R8 was disclosed 237 times. From February 21, 2005 to March 18, 2005, the Company had net sales position in future contracts, exceeding the prescribed limit of Rs 50 million, which is against Regulation 3 (b) requirement of Regulation Governing Future. The Karachi Exchange (Guarantee) Limited deal either failed to sell the actual shares to the Exchange beyond the limit, or failed to provide documentary evidence to the Exchange that such shares existed in Pakistan's Central Depository Company. Or was it with a bank or on the dates given by the Development Finance Institution that, on the basis of the results, to track the showcase notice notice to Section 22 (1) of the Securities and Exchange Ordinance, 1969, the future of Karachi Exchange (Guarantee) Limited? 3 (b) of the Governing Regulations of the Contracts in writing or in writing to the Executive Director It was issued for clarification as to why the commission should not be fined in the matter. Submitted in response to the showcase notice on behalf of the Company, written responses and documents and information are kept on record that the Company stated in accordance with Regulation 3 (b) of the Governing Code. Has not met the requirement to report / take action. Karachi Exchange (Guarantee) Limited's futures contract, however, came under the regulatory provision 3 (b) of the company, when the exchange was required, which required the exchange, famous high court advocate from Mari Indus lawyer