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RENEWAL OF CERTIFICATE OF REGISTRATION OF TRUST CAPITAL (PVT.) LTD. AS A BROKER UNDER THE BROKERS AN versus


5 and 7 Securities and Exchange Commission of Pakistan Act (XLI of 1997), renewal of registration certificate as broker Sections 22 and 23, for this purpose, detailed examination of the information / documents associated with the application by the Company. It was revealed that the company, a wholly owned subsidiary of Investment Bank Company, had reported a change in its shareholding structure and filed a return accordingly, ie, Form A Bank sold its shares to another company, Prima Fixi. An application was filed with the competent authority for approval The wind was provided. With its request for renewal of the registration certificate, which had reasonably good reason to believe the company was false and false, the company said that the company was able to request the bank to sell the company Don't know anything about Prior to recording the change in the register of its members to the Authority and then reporting to the T, he said that through the Form A, the Registration Office of the company knew the need for new Banking Finance Companies (Establishment and Regulation) Rules 2003. Who should have known about the pre-commission approval of a shareholder who was a non-banking and finance company, which was also a holding company of the applicant company, because the bank had non-banking and finance companies ( Filed for sale of company shares under the Establishment and Regulations (Rules 2003) The application was refused by the competent authority to sell / transfer the shareholding of the company. As reported to the Commission, what?

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