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PROGRESSIVE INSURANCE COMPANY LTD. versus

Sections 245 and 484 (2) The review application was filed by the company against the order under which the chief executive was fined Rs 120,000 and five directors of the company were executed by the company's chief executive and directors. Had requested in his petition. In the review application to waive the fine due to financial constraints the company faced, the company's chief executive and directors did not bring any new issues or new arguments in favor of their application. All the arguments given in the application were necessary for an order review to reveal new facts or evidence to the applicants, which could not have been presented at the time of the approval of the earlier order; no error or error was identified in the unknown order. Which may have had a significant impact on the order review request

Related judgments — Securities and Exchange Commission of Pakistan, 2009

• PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1589
• PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1593
• MRA SECURITIES (PVT.) LTD. 2009 CLD 1598
• PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1602
• PROGRESSIVE INSURANCE COMPANY LTD. 2009 CLD 1609
• ABDUL MUQTADIR SIDDIQUI, PARTNER, MUQTADIR & CO., CHARTERED ACCOUNTANTS 2009 CLD 1615
• MKA SECURITIES (PVT.) LTD., MEMBER KARACHI STOCK EXCHANGE 2009 CLD 1621
• CLICK TRADE LIMITED, MEMBER KARACHI STOCK EXCHANGE 2009 CLD 1625

All Securities and Exchange Commission of Pakistan judgments of 2009 →

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