Failure to file Annual Audit Accounts and Regulatory Returns within Sections 46 (1), 51 (1) and 156 times the Company shall file its Annual Audit Account and Regulatory Returns on or before the due date for the relevant year. Had to do, but the company failed. In spite of the maximum allowance of time, the company's default directors, in addition to the company's day-to-day operations and management of its business, also had certain diligent duties, namely, trustee duties. And some of the broader duties of the law and the violation of those legal duties would be a criminal offense, the directors who were fined or imprisoned were charged with the highest standard of accountability that they had to pay. ? And perform your duties with reasonable responsibility in accordance with Sections 46 (1) and 51 (1) of the Insurance Ordinance 2000 and the regulation was fined as per the section 156 of the Ordinance and the conduct of the Company's Directors Commission. Can be imported. Instead of imposing a maximum penalty on this authority granted under Section 156 of the Insurance Ordinance 2000, the company was fined Rs 20,000 and its management was also warned and directed that it be paid annually. Be careful about entering into audited accounts, regulatory. Returns and other legal returns such as laws are required. r \ n
Related judgments — Securities and Exchange Commission of Pakistan, 2013
