GHULAM MUHAMMAD MALKANI versus EXECUTIVE DIRECTOR (SMD)
Sections 222 and 224 Companies (General Provisions and Forms) Rules, 1985, R16 Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 33 Failure to make and obtain trading by the Directors of a listed company The company is directed to request an appellate bench appeal from the appellate bench appellant / chief executive officer with the commission. The company's shares were transacted, resulting in the appellant's requirement of section 224 of the Companies Ordinance. 1984, failed to produce a report and failed to tender the amount received by the company and failed to inform the Registrar and Executive Director of the Commission, was not satisfied with the response of the appellant, approved the unenforceable order. The amount received with the Commission Rule 16 of the Companies (General Supplies and Forms) Rules, 1985, directed to submit to the Appellant as per the provisions of Section 224 of the Second Companies through the Ordinance of Companies, 1984 The profit / loss amount was calculated by means of the Companies Ordinance, section 224 of 1984, in the company's securities. It was discouraging to make a profit by doing business with which this person had. Section 224 of the Companies Ordinance, 1984, which required a stable relationship or which he was the beneficial owner, required that the person acquiring such person should submit to the company. And where the company did not recover the money from such person or the person did not provide the company money, the benefit was obtained under the Companies Rule 16 (General Provisions and Forms) Rules 1985, Companies Ordinance, 1984 The four corners of section 224 and the structure of section 224
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