EXCEL FINANCIAL SERVICES (PVT.) LTD. versus EXECUTIVE DIRECTOR (REGISTRATION)
Sections 305 and 309 were approved by the designation of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), Appeal for the appeal of the Commission Executive Director (Registration) through the designation of Section 33 Company and the Registrar appealed to the High. Under Section 305 of the Companies Ordinance, the court had filed an appeal against the appellant's order for the appellant's company to be sued, which authorities questioned about the restoration of the appellant's The argument was that the appeal against a judicial decision was preferred to some extent. Nor was any administrative decision valid to the extent that the administrative orders were not enforceable, provided by Proviso (A) under section 33 of the Securities and Exchange Commission of Pakistan Act, 1997, the Appellant's contention. Contrary to administrative orders. All court orders were understandable, but could not be agreed upon by Provisions (b) (c) and (d) of Sections 33 (1) of the Securities and Exchange Commission of Pakistan Act 1997, wherein the Commission or The judicial orders passed by its authorized officers could not be submitted. Section 33 (1) of the Securities and Exchange Commission of Pakistan Act, 1997 was fully attracted as the incomplete order approved the Registrar. Was granted, to wind up the appellant company, which was not a valid order.
Related judgments — Securities and Exchange Commission of Pakistan, 2010
