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DIYANAH ISLAMIC FINANCIAL SERVICES (PVT.) LTD. versus

R 5 (4) (5) Renewal of Registration Certificate as a Broker Company prayed for the renewal of the Registration Certificate because the Company had control of a person who was regulated by the Brokers Code Failure to adhere to the code of conduct, and failing to resolve investor claims, led to serious doubts about the credibility and integrity of the company. Due to which the Commission believes that continuing the Company's operations will generally harm the stock market interest, and in particular the investors in the Company were not eligible to renew the registration of the Company as a broker application, Was rejected on terms of R. 5 (5) of the Brokers and Agents Registration Rules, 2001, which are repealed

Related judgments — Securities and Exchange Commission of Pakistan, 2015

• ASKARI GENERAL INSURANCE COMPANY LTD. v. EXECUTIVE DIRECTOR (INSURANCE) 2015 CLD 976
• HABIB AHMAD v. DIRECTOR (ENFORCEMENT) 2015 CLD 1098
• HAROON ZAKARIA AND COMPANY CHARTERED ACCOUNTANTS 2015 CLD 1112
• HIGHLINK CAPITAL (PVT.) LIMITED 2015 CLD 1172
• LIVE SECURITIES LIMITED 2015 CLD 1285
• PAK KUWAIT TAKAFUL COMPANY LIMITED 2015 CLD 345
• Col. (R) ASGHAR ALI MALIK, CHIEF EXECUTIVE OFFICER v. HEAD OF DEPARTMENT (ENFORCEMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2015 CLD 385
• D.J.M. SECURITIES (PVT.) LIMITED 2015 CLD 433

All Securities and Exchange Commission of Pakistan judgments of 2015 →

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