KHALID JAVED SECURITIES PRIVATE LIMITED versus AKIF SAEED
Sections 305 and 309 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Sections 33, Securities and Exchange Ordinance (XVII of 1969), Sections 18, 21 and 22 terminate the Company and close its offices without permission. And the failure of its directors to assist and assist the inquiry officers in conducting and completing the Inquiry Stock Exchange, told the Commission that the company, which had filed a petition before the High Court, violated it. Closed its offices registered on the Stock Exchange without notice. Regulation 10 Regulation Governing Lahore Stock Exchange Members / Branch Offices To Do Business And all trading terminals of the company have been closed due to the trading of shares and securities inside / outside the Exchange Stock Exchange. And was advised to attend the meeting through further video conferencing, but the company failed to provide any concrete arrangements for settlement of claims / complaints, the stock exchange said, adding that the company was excluded from its membership of the exchange. As a result, the Central Depository Company also suspended entry. Central Depository System Company disclosed preliminary inspection of documents, records and collateral application contents, numerous contradictions, violations, non-compliance and pending investor disclosures, and an inquiry commission against outstanding company commissions was appointed Outstanding investors can be claimed to investigate this matter. In the interim report submitted by the inquiry officers to the company and the directors against the company, they have to cooperate fully with the inquiry officers and
Related judgments — Securities and Exchange Commission of Pakistan, 2015
