GHANI OSMAN SECURITIES (PVT.) LIMITED AND HAJI GHANI OSMAN IN HIS CAPACITY AS CHAIRMAN HUM SECURITIE versus
Section 22 Brokers and Agents Registration Rules, 2001, R 8 In order to resolve these claims and objections of the investors, the suspension of the registration of the company in order to resolve the investors' transfer of its membership, But over that one year, there were no serious attempts by the company to settle investor claims. About 170 of the 170 claims were pending and the Commission was constantly receiving more claims, which were being sent to the company; the list of several constructive letters submitted by the company was merely a listing of the company and there was no supporting evidence. I also included claimant's removal letters, which the company was asked to submit on numerous occasions, the settlement of claims of investors, the seriousness of the matter and the continuation of the business was harmful to the public interest. In general, the Commission immediately suspends the registration of the Company, in exercise of the powers under R8 of the General and Capital Markets, Brokers and Agents Registration Rules, 2001, and until the settlement of all legitimate investors Does not claim satisfaction of.
Related judgments — Securities and Exchange Commission of Pakistan, 2015
