Al Wakeelo
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Initializing Secure Chambers
Your Digital Lawyer, Always on Duty
Initializing Secure Chambers
Petitioner: HIGHLINK CAPITAL (PRIVATE) LIMITED VS Respondent: DIRECTOR, MARKET SUPERVISION AND REGISTRATION DEPARTMENT SECP
Court Name: Securities and Exchange Commission of Pakistan Judge(s): Tahir Mahmood, Fida Hussain Samoo Title:HIGHLINK CAPITAL (PRIVATE) LIMITED vs DIRECTOR, MARKET SUPERVISION AND
REGISTRATION DEPARTMENT SECP Case No.: Appeal No, 8 of 2014 Date of Judgment:2015-05-21 Reported As: 2016 CLD 1827 Result: Appeal dismissed Judgment ORDER 1. This Order is in Appeal No, 8 of 2014 filed under section 33 of the Securities and Exchange Commission of Pakistan Act, 1997 against the order dated 17/02/14 (the "Impugned Order") passed by the Respondent. The Appellant was provided hearing opportunity on March 09, 2015. The Appellant neither appeared not sought any adjournment. 2. In the interest of justice a final opportunity of hearing was provided to the Appellant on May 06, 2015. The appeal was called for hearing at 12:10 p.m.; however no one appeared on behalf of the Appellant. The matter was kept pending till the close of official timings however the Appellant failed to enter appearance despite repeated calls and no request for adjournment was received. The representative of the Respondent was present. The above stated facts depicts the conduct of the Appellant and it appears that he is not interested in pressing the present Appeal, therefore, the Appeal is dismissed for non-appearance and non- prosecution. 3. Parties to bear their own cost.