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MUHAMMAD ISHTIAQ KHAN, CEO/DIRECTOR ELIXIR LABORATORIES (PVT.) LTD. versus COMMISSIONER, COMPANY LAW DIVISION (CLD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN


Sections 263, 269 and 484 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Sections 10, 17 and 33 Securities and Exchange Commission of Pakistan (Conduct of Business) Regulations, 2000, Regln 7 Inquiries of Company Securities Company Securities and The duties of the Registrar Companies to the Director of the Exchange Commission (Enforcement) order the inquiry of the Appellant / Company's matters in the light of the complaint of a Director's Commission of the Company and its powers are the specific purpose of finding the matters relating to the Company. The duties of the Registrar of Companies to the Director of the Commission (Enforcement) The notification company filed a review appeal before the Commission stating that the director (Enforcement) is a close friend of the Commission's Complaints Commissioner's relative who returned the review through the company Validity Delegation. The Commission cannot be challenged before the Appellate Bench, as it was the administrative decision of the Commission Appellate Bench under section 33 (1) of the Securities and Exchange Commission of Pakistan Act 1997, which can only hear appeals against the orders passed by the Commissioner. Were. , Or a competent officer of the Commission, and not against the Commission's orders, accused of having the Commissioner's Director's acquaintance with the complainant's relatives, even without the name of the relative, from the appellant's lawyer He was repeatedly asked to provide evidence. About the alleged acquaintance, but neither the name nor the relationship was described by allegations of abuse of the decision-making process in the delivery of the Director (Enforcement), Law Delegation / Director (Enforcement) provision. To do

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