Sections 222 and 224 (4) late filing of beneficial property return Since the publicly listed company is the beneficial owner of more than ten percent of its ordinary shares, the beneficial return of the beneficial ownership on the form 32 Must be entered within a period of fifteen days. Under the Companies Ordinance, Section 222 of 1984, but in the present case, the company said that with a delay of 72 days, the return said that the company had accepted the default for filing the return delay, with the argument that The default was not intentional and was deliberately reassured by the company. To file a timely return in the future; and to ask for a waiver of the default in the question record, it is disclosed that the Company has, through its motion, filed Form 32. Therefore, it was thought that the delay in filing the return, the soft-hearted intention on the matter could not be a commission, strongly warning the company that it would in future comply with the timely compliance of section 222 of the Companies Ordinance, 1984. Make sure.
Related judgments — Securities and Exchange Commission of Pakistan, 2014
