Karachi Stock Exchange's Section 22 Listing Regulations, Registry 17 Failure to send the Company's own financial results to the Company's Board of Directors exchange meeting, held to consider the Company's financial statements for the relevant period, but the results were issued by the Karachi Stock Exchange The company, under the Company's Listing Regulations, was not notified in the Karachi Stock Exchange nor did it convey its results in the manner specified in the post nor did it speak to any of the Company's board meeting representatives. There was talk, mistake, and insist that the listing of Karachi Stock Exchange The violation of the provisions of the Regulations is due to the inadequacy of the Chief Financial Officer of the Company, and the representative of the Company further assures that the Company will endeavor to comply with it in the future. Failure to declare the Company's financial results with all regulatory requirements, the Commission fined the Company Rs 50,000 (only fifty thousand) in exercise of its powers under Section 22 of the Securities and Exchange Ordinance, 1969. So that the company is instructed to ensure its maintenance and care. Ensure full compliance with the Commission's rules, regulations and guidelines to avoid any punishable action under law in the future.
Related judgments — Securities and Exchange Commission of Pakistan, 2014
