FIRST EQUITY MODARABA, BROKER KARACHI STOCK EXCHANGE LIMITED versus
Section 6 and 22 Stock Exchange Members (Inspections of Boxes and Records) Rules, 2001, 3 and 4 Irregularities in the calculation of Net Capital Balance (NCB) \ The inspection team maintains books maintained by the Company and After examining the record, it highlighted the major irregularities in the calculation of the Company's Net Capital Balance (NCB) calc for the relevant period and was not in accordance with the third schedule of the Securities and Exchange Rules, 1971 1971 record The evidence on the record shows that the company calculated the trade receivable and the trade payable. On the basis of the overall position, the violation of the ordinance, rules and regulations on the basis of individual transactions was a serious matter, but the alleged breach was not intentional, which is why the Moderba business and its regulatory structures were commissioned. There were interpretations and strange things related to it. The company was strictly monitored and no penalties were imposed on the company since, in addition to being a company / moderator, Sandi was also a broker in relation to registering as a broker, strictly pursuing NCB / company accounting securities rules and regulations. It was strongly advised to act, and to be vigilant in the future, and to ensure full compliance with the Securities and Exchange Ordinance, Rules. Rules and guidelines for future commissions \ r \ n
Related judgments — Securities and Exchange Commission of Pakistan, 2014
