Case Details

Citation(s)
2016 SLG 3360 2016 SLD 3360 2016 CLD 1399
Securities and Exchange Commission of Pakistan

ZAFAR ABDULLAH, COMMISSIONER (SMD) AND FIDA HUSSAIN SAMOO, COMMISSIONER (INSURANCE)
Nemo for Appellants. Nemo for
Respondent.

RASHID ABDULLAH, CHAIRMAN, SEARLE PAKISTAN LIMITED AND 8 others

VS

EXECUTIVE DIRECTOR (ENFORCEMENT), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN court

Law:

Section:

Companies Ordinance (XLVII of 1984)------- --------S. 477-------Revision before Appellate Bench of Commission was withdrawn to allow the parties to enter into settlement-------Revision application was dismissed as withdrawn. THIS ORDER PASSED BY: ZAFAR ABDULLAH, COMMISSIONER (SMD) AND FIDA HUSSAIN SAMOO, COMMISSIONER (INSURANCE) 1. This order is in Revision No. 40 of 2007 filed under section 477 of the Companies Ordinance, 1984 (the "Ordinance") against the order dated 24/09/07 (the "Impugned Order") passed by the Respondent. We have been provided letter/settlement dated 19/05/10 by the Enforcement department of the Securities and Exchange Commission of Pakistan (the "Commission") from Searle Pakistan Limited…
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