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YOUNUS DAWOOD (CHIEF EXECUTIVE) versus DIRECTOR (ENFORCEMENT) /ADDITIONAL REGISTRAR OF COMPANIES, SECURITIES AND EXCHANGE COMMISSION OF PAK


Sections 208, 476 and 160 (I) (b) Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 33 Section RO 865 (I) / 2000 dated 6000000 and prior approval of shareholders in 12 companies. Without the Commission's directors of both companies and companies, under the circumstances, the Companies Ordinance failed to comply with the important requirements of Section 208 of 1984 and Section RO 865 (I) / 2000 dated 6 12 2000 to show powers. Dissatisfied with the response to the appeals for. Notice, appellant proceeded to act appropriately and imposed a fine of Rs 70,000 on the appellants for violation of section 208 (3) of the section of the Companies Ordinance, with causents read, under the circumstances, interference with unknown order. Cannot be done

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