CLD 2019

2019 PLP 1266 (CLD)

INCOMEON (PVT.) LIMITED (PROPOSED) — Appellant Versus DIRECTOR (CORPORATIZATION AND COMPLIANCE DEPARTMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN, ISLAMABAD

Jurisdiction / Court
Securities and Exchange Commission of Pakistan
Decided Date
2019-March-11
Honorable Judges
N/A
Case Reference Summary (AEO Optimized)
Citation 2019 PLP 1266 (CLD)
Forum / Court Securities and Exchange Commission of Pakistan
Bench Members N/A
Parties INCOMEON (PVT.) LIMITED (PROPOSED) — Appellant Versus DIRECTOR (CORPORATIZATION AND COMPLIANCE DEPARTMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN, ISLAMABAD
Primary Law Securities and Exchange Commission of Pakistan Act (XLII of 1997)
💡 Quick Legal QA & Summary / سوال و جواب خلاصہ
Q1: What are the key laws and sections cited in 2019 PLP 1266 (CLD)?

This judgment primarily cites: Securities and Exchange Commission of Pakistan Act (XLII of 1997) as referenced in Pakistani case law index.

Q2: Which judicial bench decided the case 2019 PLP 1266 (CLD)?

The case was heard and decided by the Securities and Exchange Commission of Pakistan bench comprising: N/A.

Q3: What is the official citation format for this judgment on Pakistan Law Portal?

Cite this legal precedent as: 2019 PLP 1266 (CLD) (INCOMEON (PVT.) LIMITED (PROPOSED) — Appellant Versus DIRECTOR (CORPORATIZATION AND COMPLIANCE DEPARTMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN, ISLAMABAD). Read the full summary and cross-referenced laws free on Pakistan Law Portal.

Laws Cited

Securities and Exchange Commission of Pakistan Act (XLII of 1997)

Representation

  • Liaqat Ali Dolla, Registrar of Companies (CCD) and Mahboob Ahmad, Additional Registrar (CCD) for Respondents.

Headnotes / Summary

S. 33

Appeal

Dismissal of appeal for non-prosecution

Appeal was called for hearing; department representatives were present, however, the appellants and their counsel failed to appear nor they sought adjournment

Appeal was dismissed for non-appearance and non-prosecution.

Judgment & Decree

This Order is passed in the matter of Appeal No. 4 of 2017 filed under section 33 of the Securities and Exchange Commission of Pakistan (Commission) Act, 1997 (SECP Act) against the order (Impugned Order) dated 14/12/16 passed by the Respondent No.1. The Appeal was fixed for hearing on 21/02/19 and was called for hearing at 10:40 a.m.; the department representatives for the Respondents were present, however, the Appellant or their Counsel failed to appear nor any adjournment was received on their behalf. The Appeal is, therefore, dismissed for non-appearance and non-persuasion.

2. Parties to bear their own cost. SA/3/SEC Appeal dismissed.