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AMTEX LIMITED vs SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Ss — 2026 CLD 9 ISLAMABAD

Case information

Citation
2026 CLD 9 ISLAMABAD
Court
Islamabad High Court
Year
2026
Reporter
CLD
Parties
AMTEX LIMITED vs SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Ss
Subject matter
Constitutional
Provisions referred to
S. 261; Companies Ordinance

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

AMTEX LIMITED VS SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Ss. 261(1) & 261(3)---Production of document / information required from company---Registrar, powers of---"Any document"---Scope---Contention of the Petitioner/Company was that the Registrar of Securities and Exchange Commission of Pakistan exceeded their jurisdiction by demanding documents, such as the ECIB Report---Validity---Sections 261(1) & 261(3) of the Companies Ordinance, 1984, empower the Registrar to require the production of any document or information necessary to satisfy itself regarding the accuracy or completeness of disclosures made by a Company; which allows the Registrar to examine "any document" relating to the company's affairs, which would include its liabilities, litigation, and representations made to the public through a prospectus---Therefore, Registrar's request was well within its statutory competence, particularly since it related directly to the veracity of the prospectus, a document inviting investment from the public, warranting the highest degree of transparency---Thus, the Respondents had acted within their lawful authority under S. 261 of the Companies Ordinance, 1984---Constitutional petition, being merit-less, was dismissed.

Other judgments reported in 2026 CLD

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