Law: Securities and Exchange Commission of Pakistan Act, (XLII of 1997)

Section: 33

Securities and Exchange Commission of Pakistan Act (XLII of 1997)--- ----S. 33---Appeal---Withdrawal---Appellant, on the date of hearing, neither appeared nor any request for adjournment was recieved---Appellant, later on, informed the Registry on phone call that he was not interested to pursue the appeal and requested to allow its withdrawal---Appellant had reiterated his request via email and letter---Appeal was dismissed as withdrawn. THIS ORDER PASSED BY: SHAUZAB ALI, COMMISSIONER (SMD) 1. This order shall dispose of Appeal filed by Mr. Saqib Raza (Appellant) under section 33 of the SECP Act, 1997 against a letter dated 11/12/17 (Impugned Letter) whereby, he was informed by the Deputy Director-CSD (the Respondent) that his petition under section 257(1)(b) of the Companies Act, 2017 for appointment of inspectors, to investigate the affairs of Nimir Industrial Chemical Limited (the Company) has been rejected. 2. Earlier, Appellate Bench Registry (the Registry) vide its letter dated January 16, 2018 denied the registration of Appeal. However, vide a letter dated January 20, 2018 the Appellant's Counsel (the Counsel) requested to place the matter before the Appellate Bench (the Bench). The Registry apprised the Counsel vide a letter dated January 30, 2018 that the matter…

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/digixyei/sldsystempk.com/view/master-layout/view_case.php on line 492