AL-MAL SECURITIES AND SERVICES LTD. versus SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN THROUGH JOINT DIRECTOR, SECURITIES MARKET DIVISION
Sections 42 and 54 Central Depository Company (Establishment and Regulation) Rules, 1996, R7 Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 6 (G) Civil Procedure Code (V of 1908), OXXX , RR1 and 2 Interim Decree, Proof of Case Prize Grant Grant Brokerage House Operation Plaintiff's suspension was a brokerage house and authorities have suspended its action on the charge that it has acquired non-existent shares of textile mill authorities. Claiming that the plaintiff's chief executive officer was one of the directors. The mill in question which plays an important role in running the non-existent shares. In the presence of the Old Fax case, irreparable damage or injury and balance of convenience, there were three components under the XXX, RR1 and 2 CPC that should be temporarily combined. The injunction had to show the defendant that in order to approve the stay, all said that the three components were satisfied that the plaintiff failed to present the case, because there was enough documentation to attach the plaintiff to the question and in particular. The intellectual evidence on file, who was also the director and shareholder in the mill, who appears to have played a significant role in the mill's management, is to ensure that the other innocent consumer plaintiff, who inadvertently made his own mistake. The cause was stuck in this case, will not face many problems, the High Court instructed the authorities to devise such procedure. The way in which the plaintiff's clients can move their account to other broker houses, they chose because the High Court had appointed the Secretary of the Central Depository Company (Establishment and Regulation), Rules, 1996.
Related judgments — Karachi High Court Sindh, 2009
