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MUHAMMAD IRFAN, CEO MIKON SECURITIES (PVT.) LTD. vs COMMISSIONER (SECURITIES MARKET\ DIVISION), SECP S — 2021 CLD 775 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTAN

Case information

Citation
2021 CLD 775 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTAN
Year
2021
Reporter
CLD
Parties
MUHAMMAD IRFAN, CEO MIKON SECURITIES (PVT.) LTD. vs COMMISSIONER (SECURITIES MARKET\ DIVISION), SECP S
Subject matter
Criminal
Provisions referred to
S. 33---; S. 152

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

MUHAMMAD IRFAN, CEO MIKON SECURITIES (PVT.) LTD. VS COMMISSIONER (SECURITIES MARKET\ DIVISION), SECP S. 33---appeal to the appellate Bench of the Commission---Dismissal of appeal for non-prosecution---Scope---appellant assailed order passed by Commissioner, Securities Market Division under S. 152 of the Securities act, 2015, read with Regln. 11 of the Securities Brokers (Licensing and Operations) Regulations, 2016---Validity---appeal, on the first date of hearing, was adjourned on the request of appellant and the matter was re-fixed for hearing---Case was called on the said date and time; the department's representatives were present, however, the appellant failed to appear before the Bench nor any request for adjournment was received on his behalf---Hearing notice clearly stated that in case of non-appearance of either appellant or respondent before the Bench, the case could be decided in their absence---appeal was dismissed for non-prosecution.

Other judgments reported in 2021 CLD

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