PAKISTAN STOCK BROKERS ASSOCIATION vs PAKISTAN STOCK EXCHANGE LIMITED Ss — 2025 CLD 446 KARACHI-HIGH-COURT-SINDH

Case information

Citation: 2025 CLD 446 KARACHI-HIGH-COURT-SINDH
Court: Sindh High Court
Year: 2025
Reporter: CLD
Parties: PAKISTAN STOCK BROKERS ASSOCIATION vs PAKISTAN STOCK EXCHANGE LIMITED Ss
Provisions referred to: S. 7; Securities Act

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

PAKISTAN STOCK BROKERS ASSOCIATION VS PAKISTAN STOCK EXCHANGE LIMITED Ss.7 & 8---Pakistan Stock Exchange (PSX) Regulations---Futures Eligibility Criteria (FEC)---Scope---Futures Eligibility Criteria (FEC) is part and parcel of PSX Regulations and is regulated by statute under S.7 of Securities Act, 2015---Component of FEC does not fall outside the domain of S. 7 of Securities Act, 2015 and is part of PSX Regulations---Framework of Securities Act, 2015 provides that regulations framed by PSX are statutory in nature and must be framed within the contours of parent statute as stated therein.

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