MUHAMMAD ASHRAF KHAN versus EXECUTIVE DIRECTOR (CLD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
Sections 245 and 453 of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 33 of the Jammu and Kashmir Interim Constitution Act (VIII of 1974), Section 31 (2) (a), Third Schedule, para 16, 17, 49 And the failure of the 52 quarter account preparation and delivery penalties to be imposed by the Securities and Exchange Commission of Pakistan Appellant Company, which, under section 245 of the Companies Ordinance 1984, has its own shareholders, stock exchanges, registrars. And the need to send securities. And although the Exchange Commission of Pakistan submitted such accounts to the Registrar, Company Registration Office and the Stock Exchange, it failed to submit the same to the Securities and Exchange Commission of Pakistan in a timely manner, the Executive Director (CLD) said. Impose penalties on the officer and other directors of the company The strategy for the company was to include the company in Azad Jammu and Kashmir, Securities and Exchange Commission of Pakistan, Azad Jammu and Kashmir Interim Authorization Act of 1974 The company lacked qualifications on section 31 (2) (a) of the Accuracy It was mandated that Azad Jammu and Kashmir Council has the exclusive power to legislate in relation to any matter. The third schedule of the Azad Jammu and Kashmir Interim Constitution Act 1974 lists the Council Legislature given under paragraphs 16, 17, 49 and 52 in the Schedule of the Act, to legislate the laws of the companies involved with Azad Jammu and Kashmir. Exclusive privilege with them. AJK Council; and the Securities and Exchange Commission of Pakistan Act, 1997 in Azad Jammu and Kashmir Azad Jammu and Kashmir.
Related judgments — Securities and Exchange Commission of Pakistan, 2011
