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2019 CLD 1266

INCOMEON (PVT.) LIMITED (PROPOSED) vs DIRECTOR (CORPORATIZATION AND

Petitioner: INCOMEON (PVT.) LIMITED (PROPOSED) VS Respondent: DIRECTOR (CORPORATIZATION AND COMPLIANCE DEPARTMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN, ISLAMABAD and 3 others

Court: Securities and Exchange Commission of Pakistan Decision Date: 2019-03-11

Full Judgment Text & Judicial Ruling

Court Name: Securities and Exchange Commission of Pakistan Judge(s): Shauzab Ali, Aamir Khan Title:INCOMEON (PVT.) LIMITED (PROPOSED) vs DIRECTOR (CORPORATIZATION AND

COMPLIANCE DEPARTMENT) SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN, ISLAMABAD and 3 others Case No.: Appeal No. 4 of 2017 Date of Judgment:2019-03-11 Reported As: 2021 P C T L R 1, 2019 CLD 1266 Result: Appeal dismissed Judgment ORDER 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 , A 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.

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