CYAN LIMITED THROUGH CHIEF EXECUTIVE OFFICER versus
Section 22 Seller of trading data in the Reddy Market of another company on the Stock Exchange for the relevant period disclosed that the Company had sold shares of the Chief Operating Officer of the Company's second corporation, acknowledging that the Company There was a mistake by and he prayed. The Securities and Exchange Commission should highlight this issue. The company was a famous Pakistani company, and belonged to a very famous financial and industrial group. The sale of shares of the other corporation in closed corporate was a serious matter, in violation of the Listing Regulation Regulation Clause 35 (xxii) of the stock exchanges of installments and rules, which would entitle the commission to sue the company. ? Instead of imposing penalties, the commission strongly warned the company to refrain from trading in such mansions. In the future, failing which appropriate action will be taken, the company is further instructed to ensure that under the law, to avoid any death sentence, all the Commission's rules and regulations The instructions should be fully complied with.
Related judgments — Securities and Exchange Commission of Pakistan, 2014
