Section 2 (CD), 3 (1), 20 and 22 standard contract list / transaction involving the firm's partners, filing a complaint against the registered firm's partners / found involved in the standard contract transaction The complaint was filed before the Securities and Exchange Commission, in which the Commission was established that allegations of illegal commodity futures trading in violation of the law were being carried out by the partners of the firm, the firm's partners. In its earlier filing of a writ petition, the firm acknowledged that the firm was doing business in the convenience market in the future. The business has been doing business to its customers for the last 4 years and has gained a very good reputation in the market The Commission issued a prohibition order against the partners of this firm under Section 20 of the Securities and Exchange Ordinance, 1969, and He was instructed to refrain from it. Dealing / Trading; and General Investors / Traders were requested to clarify all sub-transactions in the commodity futures for seven days in writing against section 22 of the Securities and Exchange Ordinance, 1969. Why Violations Cannot Be Acted (1) The ordinance's partners were given numerous appointments to appear before the commission, but failed to do so, and the firm and its partners secured the Securities and Exchange Ordinance. , Intentionally and explicitly violated section 3 (1) of 1969. In the interest of capital markets and in the interest of ordinary investors, the firm's partners were instructed not to impose fines under section 22 of the ordinance.
Related judgments — Securities and Exchange Commission of Pakistan, 2011
