NASIM BEG versus SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
Sections 42 and 54 Companies Ordinance (XLVII of 1984), section 224 (2) of an arbitration of the court or the declaration of a right bar under section 224 (2) of the company's directors, officers and principal shareholders. Show Notes Under section 224 (2) of the Companies Ordinance, 1984, under the Companies Ordinance, section 224 of 1984, the Securities and Exchange Commission of Pakistan (SECP) has issued an order dismissing the plaintiff's challenge to issue a show cause notice. Suit for giving and permanent order restriction. It was, on the other hand, that he did not feel any repudiation and / or any other benefit and was therefore not liable to tender any money under Section 224 of the Companies Ordinance, 1984, claiming that the claimant had The statement sought was not in respect of any of the plaintiff's legal role. The fact that the plaintiff submitted a detailed response to the shootings issued by the SECP was contrary to its claim and in the said response the plaintiff did not claim that the defendants had, illegally, Companies that have acted illegally or are not eligible to issue defamation notices under Section 224 of the Companies Ordinance, 1984, the fact that the plaintiff was unconditionally in the jurisdiction of the SECP. The SECP's jurisdiction to issue notices under the Ordinance, 1984, requires the plaintiff to appear before a competent authority for a personal hearing. He's, which he did not ask the plaintiff openly about their rights and status. And declaratory relief can only be granted in the context of a legal role that was not a threat in the present case, so the claimant is neither eligible nor qualified.
Related judgments — Karachi High Court Sindh, 2014
