ZAFAR MOTI CAPITAL SECURITIES (PRIVATE) LIMITED versus
8, 9, 12 and Third Schedule Securities and Exchange Ordinance (XVII of 1969), Section 22 Securities and Exchange Commission of Pakistan Act (XLII of 1997), failure to deposit penalty of Sections 33 and 34, Securities and Exchange Commission Pakistan imposed a fine of Rs 400,000 on a company registered with the Commission under the Securities and Exchange Ordinance 1969 and directed the company to submit an appeal filed by this company under section 33 of the securities to the commission's account within 30 days. Of And the Exchange Commission of Pakistan Act 1997 was rejected and the Appellate Bench Company upheld the imposition of a fine, neither preferred the appeal nor the appeal under section 34 of the Securities and Exchange Commission of Pakistan Act 1997. The source deposited a fine. The failure of the default commission and the failure to collect the company's financing and the failure to comply with the D's directive, despite providing numerous opportunities for deposit of fines, was established by the third schedule of brokers and agents. And violates Rule D (1) (2) of the Code of Conduct made under R 12. Registration Rules, 2001 The Company's conduct of a permanent and unambiguous violation of the Commission's directive was deeply grieved and regrettable about the registration of the Company, as the Commission exercised powers under the Commission for a period of fifteen days. Was suspended for Regulations for Brokers and Agents Registration, 8 of 2001 The company was instructed to deposit the fine immediately and submit a copy of the invoice to the office, failing which register as the company's broker.
Related judgments — Securities and Exchange Commission of Pakistan, 2012
