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FEDERAL GOVERNMENT versus PROVINCIAL GOVERNMENTS

Article 223 Constitution of Pakistan (1973), Article 203d Reaction to Short Sale for the Integration of Islam \ Short Sale \ and \ Empty Sale \, which means, Section 223, Companies Ordinance, 1984 either to protect or protect interests There was nothing to do. The shareholders or the company; in fact, there was no mechanism in section 223 of the Companies Ordinance 1984 under which the interests of the shareholders could be protected. Similarly, there were no provisions against the perpetrators of the violation. However, it was worth noting that no penalties were set against the individual infringer or collectively against the director, chief executive, managing agent, chief accountant, secretary or auditor of a listed company. Agencies neglected the implications of short selling of vacancies / shares without restriction, which would have serious consequences, therefore, it was important that the interests of the common shareholders and the collective interest of all of them to the monopoly stockholders. Protected from the clutches of personal interests and gang mafia working in the stock markets to influence trust and good corporate governance in the business world. Such an objective was attainable only when the federal government would take necessary steps to eliminate such rains and fraudulent mismanagements in the stock market. Unrestricted / Short Sale Under Section 22. 3, the Companies Ordinance, 1984, or illegal vacancy sale was, in practice, a disadvantage of the integration of Islam, according to which, according to Article 203D of the Constitution, the exercise of the powers of the court to the Federal Government by the President of Pakistan Was needed. In it jobs for fresh advocates from Jacobabad lawyer