Sections 227, 229, 473, 476 and 495 violate the Securities and Exchange Commission's instructions and abide by the provisions of the law, following instructions on the misappropriation of provident funds and the imposition of fines on one side. Had not happened The Securities and Exchange Commission with regard to the amount of provident funds; and on the other hand, the Company also consistently violated the mandatory provisions of section 227 of the Ordinance 1984; The fund was exclusively because the fund was exclusively for their use and benefit the company had been under existing management for a long time, enough for a company to streamline its financial affairs and reporting framework. Update and maintain your account books in accordance with existing laws. The Provident Fund had failed to comply with the direction of the Commission under section 473 of the Companies Ordinance 1984, which appeared by the management of the Company to manage the balance of the company and the provisions of section 227 of the Companies Ordinance. Was consistently violated. , Was intended for the provisions of Section 227 of the 1984 Companies Ordinance, prohibiting the use of any part of the Provident Fund as a contribution to the Provident Fund and to the Company employees for the benefit of the Company. To preserve money, the administration needs a law when created by a trust. In connection with a Provident Fund, it is the responsibility of the Company to pay for the trucks, including its own contribution.
Related judgments — Securities and Exchange Commission of Pakistan, 2009
