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Initializing Secure Chambers
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Initializing Secure Chambers
Petitioner: KASB Securities Limited VS Respondent: Head of Department (MSRD)
Court Name: Securities and Exchange Commission of Pakistan Judge(s): Aamir Khan, Abdul Rehman Warraich Title: KASB Securities Limited vs Head of Department (MSRD) Case No.: Appeal No. 17 of 2014 Date of Judgment:2023-07-27 Reported As: 2023 CLD 1466 Result: Appeal dismissed
Judgment ORDER 1. This order shall dispose of Appeal No. 17 of 2014 filed by Messrs KASB Securities Limited (the "Appellant") under section 33 of the Securities and Exchange Commission of Pakistan Act, 1997 against the order dated March 31, 2014 (the "Impugned Order") passed by the Head of Department, MSRD (the "Respondent"). The instant appeal was previously fixed for hearing on 09/01/15, 19/02/15, and 12/07/18, and on all the said dates the hearing was adjourned on the request of the Appellant. The appeal was re-fixed for hearing on 20/07/23 however, once again, no person appeared on behalf of the Appellant. In view of the above circumstances, it appears that the Appellant has no interest in pursuing this Appeal, therefore, the instant Appeal is dismissed for non-appearance and non-prosecution.