| Citation(s) |
|---|
| 2024 SLG 5180 2024 SLD 5180 2024 CLD 882 |
Securities and Exchange Commission of Pakistan
Appeal No.105 of 2017, decided on 20th March, 2024. Date of hearing: 11th March, 2024.
Before Akif Saeed, Chairman/Commissioner and Mujtaba Ahmad Lodhi, Commissioner
Hamza Siddiqui for Appellant. Shafique ur Rehman, Additional Joint Director, Adjudication-I and Raja Farukh Ahmad, Additional Joint Director, Adjudication-I for
Respondent.
Appeal No.105 of 2017, decided on 20th March, 2024. Date of hearing: 11th March, 2024.
Before Akif Saeed, Chairman/Commissioner and Mujtaba Ahmad Lodhi, Commissioner
Hamza Siddiqui for Appellant. Shafique ur Rehman, Additional Joint Director, Adjudication-I and Raja Farukh Ahmad, Additional Joint Director, Adjudication-I for
Respondent.
DAWOOD FAMILY TAKAFUL LIMITED---Petitioner
VERSUS
COMMISSIONER INSURANCE, SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN---Respondent
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 before the Securities and Exchange Commission of Pakistan---Withdrawal of---Counsel for the appellant/company submitted that the present appeal had become infructuous for the reason that one of the proposed directors passed away, whereas approval for appointment of the other proposed director as director of the appellant /company had already been granted by the competent authority and thus he wished to withdraw the present appeal---In view of the said statement of the counsel for the appellant / company, the appeal was dismissed as withdrawn.ORDERThis Order shall dispose of Appeal No. 105 of 2017 filed by M/s. Dawood Family Takaful (the "Appellant"), under section 33 of the…
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