Sections 76 (1) and 95 As a corporate agent of the misleading or defective advertising bank, the insurance company seeks to market the company's three products, such as wedding plans, retirement plans, and education plans. , But the company's name was not hidden anywhere in the ad above. The ad did not suggest any role for the company, in the circumstances, it was defective / misleading to the public at the major insurance company to ensure that the \ banknote was acting as an agent. It should not contain any misleading or misleading information in the advertisement, in addition to operating the company day-to-day, and in addition to its business management, the company also had certain duties, namely, trust. The duties I was placed on and some of the broader duties were imposed. By law; and violating these legal duties would normally be a criminal offense; the penalty or imprisonment of the directors was imposed against a high standard of accountability, which led to them being vigilant and responsible. Was required to perform its duties with. In exercise of the powers conferred under Section 156 of the Insurance Ordinance 2000, the Company's Chief Executive Officer was fined Rs 800,000 and a fine of Rs 200,000 on the Company, with proper care and remedial commission from the management of the Agency. It also instructs the Company and its management to publish / disclose any misleading and / or misleading information in order to properly educate its agents in relation to all applicable laws. Aztan
Related judgments — Securities and Exchange Commission of Pakistan, 2013
