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Power of the Commissio n to issue directions to securities exchange. — ","quote_sha256":"8dbc7ae85c885d3f50a7cae079bc18e4395dce9e0b20a5561f7816c4d1704033","reader_fragment":"p-47587-49361-7e7f462f8c222958","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-47587-49361-7e7f462f8c222958","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-47587-49361-7e7f462f8c222958","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":53639,"character_end":53649,"quote":"section 12","quote_sha256":"e4b869cb69b403d5a2bc605acb922cd43a6dbe77a7785efb3166364a3b2917dc","reader_fragment":"p-52823-54623-5c118d720e919773","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-52823-54623-5c118d720e919773","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":53469,"character_end":53879,"quote":"tained the prior written approval of the Commission to do so; or \r\n(b) it has ceased to operate such securities market under a direction issued by the \r\nCommission under section 12 or 13. \r\n(3) The Commission may by the notice served under sub­section (1) permit the securities \r\nexchange to continue, on or after the date on which the suspension or cancellation is to take effect, to \r\ncarry on such activitie","quote_sha256":"7a10b853049af80bdb98374ba22795bc5079f49b6c51a514cd822bef10b79903","reader_fragment":"p-52823-54623-5c118d720e919773","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-52823-54623-5c118d720e919773","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-a0c6f5afafe89a20ecc2","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"14","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":51846,"character_end":51911,"quote":"14. 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Grant of lice nce.— ","quote_sha256":"67f0a007f619f31e3dffffd6112c0d46fb54c5d68c804329e8cf9ead663c0ce5","reader_fragment":"p-63435-65227-f399a877dd7a5feb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-63435-65227-f399a877dd7a5feb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-63435-65227-f399a877dd7a5feb","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":63318,"character_end":63328,"quote":"section 24","quote_sha256":"78c7b2d07c36df062576f6a18d78f213270443baeaaab679583fa91151079229","reader_fragment":"p-61659-63435-529958db9d518787","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-61659-63435-529958db9d518787","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":63148,"character_end":63558,"quote":"blishing or operating or hold himself out as operating a clearing facility except under and in \r\naccordance with a clearing house licence granted by the Commission under section 24. \r\n(2) The Commission shall determine the number and places for the establishment of \r\nclearing houses. \r\n23. Eligibility for licensing.— (1) Subject to sub­section (2), a public company shall be \r\neligible for licensing as a cle","quote_sha256":"8ee18d09c2104b05c218acb1b3d8e67dc06fa96bf78fa17e60462cba5736efa2","reader_fragment":"p-61659-63435-529958db9d518787","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-61659-63435-529958db9d518787","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-c34d916ee5ec9ef53d8f","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"26","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":70071,"character_end":70108,"quote":"26. Regulations of clearing hou se.— ","quote_sha256":"2b1b8be768c0e0f623c5ef23f77f902997fd498a682fa5b5d998bc6bd300c64e","reader_fragment":"p-68773-70494-58b268972224044c","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-68773-70494-58b268972224044c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-68773-70494-58b268972224044c","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":67945,"character_end":67955,"quote":"section 26","quote_sha256":"0bbd0752a8b03104152794c5f1de2e8d3ea8ad4a65eea77b3ef966b89e920a2f","reader_fragment":"p-67001-68773-fcb8f47afa916396","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-67001-68773-fcb8f47afa916396","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":67775,"character_end":68185,"quote":"of the public, having particular regard to the interest of customers. \r\n(3) A clearing house shall operate its facilities in accordance with the regulations made \r\nunder section 26 and approved under section 27. \r\n(4) A clearing house shall formulate and implement appropriate procedures for ensuring \r\nthat its clearing members comply with its regulations. \r\n(5) A clearing house shall preserve confidentialit","quote_sha256":"64065c0a0dc6dfc8f108087e673b3ae6ebe6fd5f87419b39837431a41557b445","reader_fragment":"p-67001-68773-fcb8f47afa916396","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-67001-68773-fcb8f47afa916396","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-196f3f9d35b7ab787e66","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"27","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":74759,"character_end":74836,"quote":"27. 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Grant of lice nce.— ","quote_sha256":"67f0a007f619f31e3dffffd6112c0d46fb54c5d68c804329e8cf9ead663c0ce5","reader_fragment":"p-63435-65227-f399a877dd7a5feb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-63435-65227-f399a877dd7a5feb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-63435-65227-f399a877dd7a5feb","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":82156,"character_end":82166,"quote":"section 24","quote_sha256":"78c7b2d07c36df062576f6a18d78f213270443baeaaab679583fa91151079229","reader_fragment":"p-81014-82798-9a1c2d2130ab2abf","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-81014-82798-9a1c2d2130ab2abf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":81986,"character_end":82396,"quote":"\n(a) ceases to comply with the eligibility conditions specified in section 23; \r\n(b) ceases to operate the clearing facility that it has been licensed to operate under \r\nsection 24; \r\n(c) is being wound up; \r\n(d) fails to comply with any requirement of this Act; \r\n(e) fails to comply with a direction of the Commission; \r\n(f) fails to provide the Commission with information required by the Commission \r\nor pr","quote_sha256":"09236e0208aff941f34c3ed6613d27ed4f2fd9db343331e87294918f5082b0e9","reader_fragment":"p-81014-82798-9a1c2d2130ab2abf","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-81014-82798-9a1c2d2130ab2abf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-d21052049ad6a2395f4b","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"31","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":78901,"character_end":78970,"quote":"31. 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Emergency powers of the Commission. — ","quote_sha256":"d22ba5150547e07b403b60ac692bdee74b35e59e2f333c0854835cbfc71af746","reader_fragment":"p-79255-81014-32b018868e8e45f0","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-79255-81014-32b018868e8e45f0","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-79255-81014-32b018868e8e45f0","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":82990,"character_end":83000,"quote":"section 32","quote_sha256":"390bc7b5f0ac08e0f53abee6e1956747d63931e682ba939b17f2bb14f44ed43f","reader_fragment":"p-82798-84533-de6a0926ecc7f69a","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-82798-84533-de6a0926ecc7f69a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":82820,"character_end":83230,"quote":" the prior approval of the Commission to do so; or \r\n(b) it has ceased to operate such clearing facility under a direction issued by the \r\nCommission under section 31 or section 32. \r\n(3) The Commission may by the notice served under sub­section (1 ) permit the clearing \r\nhouse to continue, on or after the date on which the cancellation is to take effect, to carry on such \r\nactivities affected by the cancel","quote_sha256":"027ff2dacb93c6df05e4771bf3264c4cee85cbb9daf058b1cda8b3076b276f16","reader_fragment":"p-82798-84533-de6a0926ecc7f69a","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-82798-84533-de6a0926ecc7f69a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-4edcebd034c7df582739","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"33","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":81658,"character_end":81717,"quote":"33. Suspension or cancellation of clearing house licence.— ","quote_sha256":"4d3bf94741114f10d48826e24e569a7bef13fc0398326f24a9cc7f3cc2c38271","reader_fragment":"p-81014-82798-9a1c2d2130ab2abf","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-81014-82798-9a1c2d2130ab2abf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-81014-82798-9a1c2d2130ab2abf","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":84140,"character_end":84150,"quote":"section 33","quote_sha256":"9f5975fe9731647a19e175fca38ccb570c6227fa0e82d503977fbf8c00dbf773","reader_fragment":"p-82798-84533-de6a0926ecc7f69a","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-82798-84533-de6a0926ecc7f69a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":83970,"character_end":84380,"quote":"e performed during the period of suspension by such \r\nperson as may be specified in the notice. \r\n34. Effect of cancellation of licence.  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Duty to report on completion of default proceedings .__ (1) A clearing house shall, \r\nupon completion by it of any default proceedings, prepare a report on such proceedings stating in \r\nrespect of each defaulter — \r\n(a) the action taken against the defaulter; \r\n(b) the net sum, if any, certified by the clearing hou","quote_sha256":"a9bbcb8c92a0ffddecbcc737b23c61f64d4e88817d3da2d55149054c1a6a0761","reader_fragment":"p-88045-89812-d5e014b52e24a47c","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-88045-89812-d5e014b52e24a47c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-39-88848","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":90431,"character_end":90441,"quote":"section 39","quote_sha256":"6624853ac77e10f5188a32c559dade5cd5338bc7a462a66d8791c498611dc957","reader_fragment":"p-89812-91564-5895e9d2358bd506","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-89812-91564-5895e9d2358bd506","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":90261,"character_end":90671,"quote":"of a report. \r\n40. 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Grant of licence .— ","quote_sha256":"992faf98d08754a3568b584783518c76906360b4005e5c8881562e1a9f8e1303","reader_fragment":"p-98585-100383-2de1378d475f26d2","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-98585-100383-2de1378d475f26d2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-98585-100383-2de1378d475f26d2","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":112014,"character_end":112024,"quote":"section 49","quote_sha256":"a8bcf7a8a3a631f27e103bcf4aec61914bec1ca090820206f6e52494cbc785fe","reader_fragment":"p-111004-112766-18e9fbb161744ecb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-111004-112766-18e9fbb161744ecb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":111844,"character_end":112254,"quote":"s to comply with the eligibility conditions specified in section 48; \r\n(b) ceases to operate the central depository facility that it has been licensed to \r\noperate under section 49; \r\n(c) is being wound up; \r\n(d) fails to comply with any requirement of this Act or the Central Depositories Act, \r\n1997 (XIX of 1997); \r\n(e) fails to comply with a direction of the Commission; \r\n(f) fails to provide the Commissi","quote_sha256":"4768bd26967fc76c9cb73f08f86b72adbe563b4fd3b57070b1d4eec8c8cd49b6","reader_fragment":"p-111004-112766-18e9fbb161744ecb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-111004-112766-18e9fbb161744ecb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-b233186323204c1889cd","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"57","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":111251,"character_end":111296,"quote":"57. Suspension or cancellation of licence .— ","quote_sha256":"043368a9b0e3d72035104450fc957f167d1597f7c636789c70621244aa6ad03c","reader_fragment":"p-111004-112766-18e9fbb161744ecb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-111004-112766-18e9fbb161744ecb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-111004-112766-18e9fbb161744ecb","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":113868,"character_end":113878,"quote":"section 57","quote_sha256":"546f654510109a8b6b2013007a5bf5a4e21f612536c938694bfc923bc2b0edae","reader_fragment":"p-112766-114486-526caea99f68cebd","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-112766-114486-526caea99f68cebd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":113698,"character_end":114108,"quote":"tice of that fact to be publ ished in at least two daily newspapers having \r\nwide circulation. \r\n58. Effect of cancellation of licence. — A cancellation of licence under section 57 shall \r\nnot operate so as to — \r\n(a) avoid or affect any agreement, transaction or arrangement entered into on th e \r\nsecurities market of a securities exchange where the agreement, transaction or \r\narrangement was entered into b","quote_sha256":"7cca8209a7c7d459ebe9650220ed1075ebab912522a185e33b0da6273cce8449","reader_fragment":"p-112766-114486-526caea99f68cebd","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-112766-114486-526caea99f68cebd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-05018ea16dbe60214556","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"72","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":128340,"character_end":128377,"quote":"72. Register of regulated persons .— ","quote_sha256":"30ac049608d8046401a0684fe9cd73cd2f9e53a128a591648bc57f25a8fb9e77","reader_fragment":"p-126789-128579-2f59e9b051ef4d5d","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-126789-128579-2f59e9b051ef4d5d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-126789-128579-2f59e9b051ef4d5d","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":121492,"character_end":121502,"quote":"section 72","quote_sha256":"d347cbe2204d7d6ee1b03930aa4e80d5f172ab6fa45e6845808e55711533ef72","reader_fragment":"p-119786-121506-46ecf5f915ec594e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-119786-121506-46ecf5f915ec594e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":121322,"character_end":121732,"quote":"e is accredited to the principal; and \r\n(b) the representative is re corded as being accredited in the register of regulated \r\npersons maintained by the Commission under section 72. \r\n(2) The Commission shall not issue a representative's licence unless both the representative \r\nand the principal have informed the Commission in writing that he is or is to be accredited. \r\n(3) Where the accreditation of a rep","quote_sha256":"b204441de34ab4a6fe5b7bc367a2666dbcbb772649eebb5748803bf48aeb66ff","reader_fragment":"p-119786-121506-46ecf5f915ec594e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-119786-121506-46ecf5f915ec594e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-03ed1c0ca01c1580c86f","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"151","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223420,"character_end":223461,"quote":"151. 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Register of regulated persons .— ","quote_sha256":"30ac049608d8046401a0684fe9cd73cd2f9e53a128a591648bc57f25a8fb9e77","reader_fragment":"p-126789-128579-2f59e9b051ef4d5d","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-126789-128579-2f59e9b051ef4d5d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-126789-128579-2f59e9b051ef4d5d","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":130182,"character_end":130192,"quote":"section 72","quote_sha256":"d347cbe2204d7d6ee1b03930aa4e80d5f172ab6fa45e6845808e55711533ef72","reader_fragment":"p-128579-130331-bdea6ee8a99c043e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-128579-130331-bdea6ee8a99c043e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":130012,"character_end":130422,"quote":"d person ceases to carry on the business to which his licence relates; \r\nor \r\n \r\nPage 56 of 108  \r\n(b) a change occurs in any matter particulars of which are required by section 72 to \r\nbe entered in the register, \r\nthe regulated person shall as soon as is practicable and  in any event within seven days give to the \r\nCommission notice in writing of the event concerned. \r\nPART VI \r\nCONDUCT OF REGULATED SECUR","quote_sha256":"a047afa8e58dc938ea377816bad358f9670fed785be1d5af375f839f893bfb04","reader_fragment":"p-128579-130331-bdea6ee8a99c043e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-128579-130331-bdea6ee8a99c043e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-3209c1e2b38a127ad23f","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"169","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":252675,"character_end":252727,"quote":"169. 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Power of the Commission to make regulations. — ","quote_sha256":"4d7856a65cf7b295da4e07493d1a980dcb3406a2eca91b5bd92e168a1cee2a40","reader_fragment":"p-251487-253265-17209de48d0610e8","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-251487-253265-17209de48d0610e8","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-251487-253265-17209de48d0610e8","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":138503,"character_end":138514,"quote":"section 169","quote_sha256":"424c4bee9387a31675671c4f9e4cf3ad9ae59d07356f6786b3d1fa31c9b9b52c","reader_fragment":"p-137374-139161-42ac8f5bcad99cbb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-137374-139161-42ac8f5bcad99cbb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":138333,"character_end":138744,"quote":"tail to establish readily whether or not \r\nany financial resources regulations are being complied with. \r\n80. Financial resources regulations. — (1) Without prejudice to section 169, the \r\nCommission may make regulations requiring regulated persons to have and maintain, in respect of the \r\nsecurities regulated activity for which they are licensed, the financial resources set by the regulations. \r\n(2) Financi","quote_sha256":"c79f1f3d1adc7041704bdd76e49f4ab04242ca66eb9ec3d45e4abcc19f0ea252","reader_fragment":"p-137374-139161-42ac8f5bcad99cbb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-137374-139161-42ac8f5bcad99cbb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ede0e7929f5bf8b73691","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"86","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":144848,"character_end":144916,"quote":"86. Power of the Commission to appoint auditor for special audit. — ","quote_sha256":"d3d0483faacb9abae274a63188dacb1439b135724bcecb35547e3db3f0668f48","reader_fragment":"p-144424-146147-9f99865736285d16","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-144424-146147-9f99865736285d16","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-144424-146147-9f99865736285d16","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":142382,"character_end":142392,"quote":"section 86","quote_sha256":"013fc330510e28f6658808fa319c01344127bae5b35b28e75a655804532bb64c","reader_fragment":"p-140930-142679-d364118eb8cdf1b7","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-140930-142679-d364118eb8cdf1b7","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":142212,"character_end":142622,"quote":"e \r\nprescribed. \r\n(2) Without limiting the generality of sub­section (1), the Commission may exercise any \r\nof the powers of an auditor appointed by the Commission under section 86 for the purpose of \r\n \r\nPage 61 of 108  \r\nascertaining whether a regulated person complies with all of the requirements of the financial resources \r\nregulations that apply to the regulated person. \r\n83 Auditor to be appointed.— (","quote_sha256":"39341fb2f167257d7d21139c70e32841d0955e448c2619e650beaea1a21351b9","reader_fragment":"p-140930-142679-d364118eb8cdf1b7","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-140930-142679-d364118eb8cdf1b7","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-425f541dc5f5017c4cd5","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"78","qualifier":"(customer assets)","resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":135717,"character_end":135739,"quote":"78. Customer assets.— ","quote_sha256":"e5e95c37eb65fb56e0b88e984a5153e601732cce846b71654af8c6c035f8bb4d","reader_fragment":"p-135610-137374-23838bf374459adb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-135610-137374-23838bf374459adb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-135610-137374-23838bf374459adb","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":144674,"character_end":144702,"quote":"section 78 (customer assets)","quote_sha256":"0755d40e62e8f921ca244886f5a70be56e484b707c0a4cc4b0e7b4208193dec7","reader_fragment":"p-144424-146147-9f99865736285d16","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-144424-146147-9f99865736285d16","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":144504,"character_end":144932,"quote":"ancial or regulatory position of the regulated person to a material extent; or \r\n(b) discovers evidence of a contravention of any financial resources regulations or \r\nof section 78 (customer assets) or with section 79(accounts and records to be \r\nkept), \r\nhe shall promptly report it in writing to the Commission and to the regulated person. \r\n86. 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Accounts and records to be kept .— ","quote_sha256":"f936025275645e0a56d1472e420c331b1dece8e6eaddeb273e0dcdd16f85888b","reader_fragment":"p-137374-139161-42ac8f5bcad99cbb","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-137374-139161-42ac8f5bcad99cbb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-137374-139161-42ac8f5bcad99cbb","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":144711,"character_end":144721,"quote":"section 79","quote_sha256":"b021da1f307957f4d25fb36358d49c2e37a32dc3d2a52d3d916ed8ec4b72bda6","reader_fragment":"p-144424-146147-9f99865736285d16","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-144424-146147-9f99865736285d16","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":144541,"character_end":144951,"quote":"regulated person to a material extent; or \r\n(b) discovers evidence of a contravention of any financial resources regulations or \r\nof section 78 (customer assets) or with section 79(accounts and records to be \r\nkept), \r\nhe shall promptly report it in writing to the Commission and to the regulated person. \r\n86. 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Audited accounts to be lodged with the Commission. 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Duty of directors and others to disclose shareholding in listed company.__ (1) Every \r\nperson who becomes a director, executive officer, or substantial shareholder of a listed company shall \r\ngive notice in writing to the company— \r\n(a) of his beneficial ownership in the listed equity securities of the company or ","quote_sha256":"76dd4573ab8090e729818b19e73bf36ca3331bd1c349280ed17bf4028a25eebe","reader_fragment":"p-163677-165404-8fe94bbdf19462ea","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-163677-165404-8fe94bbdf19462ea","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-101-164409","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":167505,"character_end":167516,"quote":"section 101","quote_sha256":"7fbde3fd5e1b5730ce4d551409a37c3c8edce49b15304e1728edad360039da5b","reader_fragment":"p-167151-168899-edbc036aeabba996","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-167151-168899-edbc036aeabba996","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":167335,"character_end":167746,"quote":"nformation received and \r\nthe date of the entry. \r\n(3) Whenever a listed company is notified of any matter in cons equence of requirement \r\nimposed by sub­section (1) of section 101, the company shall notify it to the Commission, within seven \r\ndays of the receipt of the information, showing therein name of director, executive officer or \r\nshareholder, date of appointment or acquisition of beneficial ownersh","quote_sha256":"e2fab5b41c1f7ac8e07d5c5c6b861a60f0d4c6ad2ce90419db3d24779fbb71c5","reader_fragment":"p-167151-168899-edbc036aeabba996","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-167151-168899-edbc036aeabba996","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-02a94947ed0fb8e712b8","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"104","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":168899,"character_end":168939,"quote":"104. Trading by directors and others. — ","quote_sha256":"2475adb889cd07e3a89c898f2262136aa3a64fd50251441d7a40f0d385d743f7","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-168899-170628-0209042b9a8e0484","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":169850,"character_end":169861,"quote":"section 104","quote_sha256":"5f8634ac921bb868d93bf72075d0d6edfd942bf467843c9713edcdb104fe4363","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":169680,"character_end":170091,"quote":"mmission. \r\n105. Tender of gain to be credited to Federal Consolidated Fund. — Where director, \r\nexecutive officer or substantial shareholder makes any gain mentioned in section 104, such director, \r\nexecutive officer or substantial shareholder shall tender the amount of such g ain to the Commission \r\nwithin the period of six months of the accrual of gain and the Commission shall credit the amount of \r\nsuch ","quote_sha256":"ec14e7e6c11819835eb6a6cff81b448c136c553b2fe3ae5c16a5488b926b4129","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-910e9fd0b29880838fcf","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"105","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":169692,"character_end":169759,"quote":"105. Tender of gain to be credited to Federal Consolidated Fund. — ","quote_sha256":"7fdb494e3626404309879a3030ab30675cac460555edcdb2d75fc63cfa2ce60e","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-168899-170628-0209042b9a8e0484","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":170207,"character_end":170218,"quote":"section 105","quote_sha256":"4e0d1d8c2925106ce65ea5542c075c810f89741d185713d363734de1ce0e19c3","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":170037,"character_end":170448,"quote":" and the Commission shall credit the amount of \r\nsuch gain to the Federal Consolidated Fund. \r\n106. Directive by the Commission.— (1) Where within the period provided in section 105, \r\na director, executive officer or substantial shareholder fails or neglects to tender the gain, the \r\n \r\nPage 71 of 108  \r\nCommission may by order in writing direct such director, executive officer or substantial shareholder \r\n","quote_sha256":"6a7eca81d1414511d2f705bc3e482003728d75cf3448dc22918575b44408e72b","reader_fragment":"p-168899-170628-0209042b9a8e0484","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-168899-170628-0209042b9a8e0484","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-148ddd4c41fbf79ab22a","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"111","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":179291,"character_end":179611,"quote":"111. Acquisition of voting shares beyond prescribed limits or control of a company. — \r\nNo person shall, directly or indirectly,— \r\n(a) acquire voting shares, which (taken together with voting shares, if any, held by \r\nsuch person) would entitle such person to more than thirty per cent voting shares \r\nin a listed compa","quote_sha256":"914fbf7ebc33f62b04a0e2ad658c328d1330f0bba3649223fd1482dbaba35fe4","reader_fragment":"p-177603-179379-370298328d5fef84","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-177603-179379-370298328d5fef84","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-111-179291","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":181232,"character_end":181243,"quote":"section 111","quote_sha256":"0de4d15f7859abb6c7ccb5ce1022d5f2f1c0321277495eaf28591aef0f7cc0e5","reader_fragment":"p-181149-182865-aba03ccf4e3b3d08","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-181149-182865-aba03ccf4e3b3d08","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":181062,"character_end":181473,"quote":"14. 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Public announcement of intention and public offer not to contain misleading \r\nmaterial.__ The public announcement of inte","quote_sha256":"2779da8937ceec09e56a366cd18ebac9150f27634a624f5c55c064be9bea5c4f","reader_fragment":"p-179379-181149-964f946b3b2ecc39","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-179379-181149-964f946b3b2ecc39","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-9b7a3e957323402f7059","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"121","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":186421,"character_end":186453,"quote":"121. Upward revision of offer.— ","quote_sha256":"3be340a71f2edc3362d79f0351ecd0cd0da68129d029236e3a21df7253b4e704","reader_fragment":"p-186396-188176-0e3863857c119f10","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-186396-188176-0e3863857c119f10","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-186396-188176-0e3863857c119f10","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":187430,"character_end":187441,"quote":"section 121","quote_sha256":"7a71072bddd3648e4d59fdf1122a5bf2608cc858dac6b519602065b959c9f67d","reader_fragment":"p-186396-188176-0e3863857c119f10","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-186396-188176-0e3863857c119f10","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":187260,"character_end":187671,"quote":"w his offer within seven \r\nworking days of the public announcement of the competitive bid or does not make an upward revision \r\nof his offer within the time specified in section 121, the earlier offer on the original terms shall continue \r\nto be valid and binding on the acquirer, except that the closing date of such public offer shall stand \r\nextended to the date of closure of public offer under the last sub","quote_sha256":"da9a641e6159852c7111c2c2b9f698b067636289eff9b198a4f78e29febae1f5","reader_fragment":"p-186396-188176-0e3863857c119f10","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-186396-188176-0e3863857c119f10","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-7a55b4781cf28869c9d3","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"122","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":186768,"character_end":186803,"quote":"122. 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Penalties for non-compliance.— (1) In the event of withdrawal of public offer, except \r\nas provided in section 122, or contravention of any provision of this Part, the Commission may, after \r\nproviding reasonable opportunity of hearing, by an order in writing, debar the acquirer and any person \r\nacting in concert from acquiring voting shares ","quote_sha256":"7a988794c6b9ca67f018a520742c44b5e3975908d2870bcace2b63e3ab2c920d","reader_fragment":"p-188176-189972-8739f31c1d02ab92","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-188176-189972-8739f31c1d02ab92","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-7023d4cd21cd35c8fe77","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"130","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":194225,"character_end":194241,"quote":"130. Insiders.— ","quote_sha256":"820bc9e39eabac7689d8df98defa435e697e36c37b49fc13ddd4e08c16012788","reader_fragment":"p-193506-195223-cbca894b19c1f140","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-193506-195223-cbca894b19c1f140","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-193506-195223-cbca894b19c1f140","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":191594,"character_end":191605,"quote":"section 130","quote_sha256":"fc587d7db192f5940652c39f1b5221814582be8734138e790b6bca21dba0aa86","reader_fragment":"p-189972-191758-294ad02cbc3c713f","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-189972-191758-294ad02cbc3c713f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":191424,"character_end":191835,"quote":"  \r\nINSIDER TRADING \r\n127. Application of this Part.— The provisions of this Part shall apply to listed securities \r\ntraded by listed companies and insiders described in section 130. \r\n128. Prohibition of insider trading .— (1) No person shall indulge in insider trading and \r\nany contravention of this section shall be an offence. \r\n(2) Insider trading shall include,— \r\n(a) an insider person transacting any d","quote_sha256":"c42409266dace5970ec899f886ad43c46aceb057f6ba506470b5732608e7578e","reader_fragment":"p-189972-191758-294ad02cbc3c713f","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-189972-191758-294ad02cbc3c713f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-4e62c86a41692f83ae93","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"138","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":206037,"character_end":206055,"quote":"138. Inspection.— ","quote_sha256":"1b4c88b2591721ca1deb2cf84b5311cbe846389758cc96662d9a1ec145300591","reader_fragment":"p-205894-207646-c2034e7abbd52c66","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-205894-207646-c2034e7abbd52c66","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-205894-207646-c2034e7abbd52c66","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":211070,"character_end":211081,"quote":"section 138","quote_sha256":"91315d657e7855aed160fd9cc0bc7b387316a11f1032000465a7a7520c18a697","reader_fragment":"p-209445-211240-d71394378ca73cde","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-209445-211240-d71394378ca73cde","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":210900,"character_end":211311,"quote":"s \r\nof or causes or permits the destruction, falsification, concealment or disposal of any document, which \r\nhe knows or ought to know is relevant to an inspection under section 138 or an investigation unde r \r\nsection 139, commits an offence. \r\n141. Powers of the investigator in relation to investigations.— (1) The investigator shall, \r\nfor the purposes of investigations, have the same powers as are vested ","quote_sha256":"c9d942c3a58ad90d09f5fbc295de8ffc5830a5c3b0e67c45faf9d1577f58e0b1","reader_fragment":"p-209445-211240-d71394378ca73cde","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-209445-211240-d71394378ca73cde","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-12d75f0b875177f76a72","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"139","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":207941,"character_end":207962,"quote":"139. Investigation.— ","quote_sha256":"32570606db0bf21646f63666d2a4b3afb80f967ca1f730f9132921fb822987c5","reader_fragment":"p-207646-209445-63ef00eb72055406","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-207646-209445-63ef00eb72055406","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-207646-209445-63ef00eb72055406","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":211111,"character_end":211122,"quote":"section 139","quote_sha256":"7b270530e3afd179c6c955dc052705aec0b168351318b979a9207fafc981c1ee","reader_fragment":"p-209445-211240-d71394378ca73cde","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-209445-211240-d71394378ca73cde","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":210941,"character_end":211352,"quote":"on, falsification, concealment or disposal of any document, which \r\nhe knows or ought to know is relevant to an inspection under section 138 or an investigation unde r \r\nsection 139, commits an offence. \r\n141. 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Offences and penalties.— ","quote_sha256":"43fcd40a94c7826df6339075fd9e41eddb83e2d5fd69023fbf763e73efdd35f0","reader_fragment":"p-237457-239209-161a2304ab7cee49","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-237457-239209-161a2304ab7cee49","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-237457-239209-161a2304ab7cee49","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":212466,"character_end":212477,"quote":"section 159","quote_sha256":"c8278c661788f2256b0ec8584e51adde25b9e11a56a9ca8f99bea46f91da0963","reader_fragment":"p-211240-212961-996ad4405fa2abc0","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-211240-212961-996ad4405fa2abc0","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":212296,"character_end":212707,"quote":"f or non­compliance with any orders or directions of the \r\ninvestigator exercising powers under sub­section (1) shall be an offence punishable under sub­section \r\n(8) of section 159. \r\nPART XIII \r\nPOWERS OF INTERVENTION BY COMMISSION IN RELATION TO LICENSED \r\nPERSONS \r\n142. Scope of powers under this Part. — (1) The powers conferred on the Commission \r\nunder this Part may be exercised in relatio n to any lic","quote_sha256":"58dc04053d4954049ab812c7f42bd56572a2c1d1145304d25cf707ebab5fc425","reader_fragment":"p-211240-212961-996ad4405fa2abc0","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-211240-212961-996ad4405fa2abc0","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-e3a280f02efad7b845e5","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"143","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":213915,"character_end":213946,"quote":"143. Restriction of business.— ","quote_sha256":"cc4f659b520fb83029c9865f5a147df7d22204df44c181c21bff4e9d85bb1f93","reader_fragment":"p-212961-214665-39fbe15d9155c176","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-212961-214665-39fbe15d9155c176","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-212961-214665-39fbe15d9155c176","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":213408,"character_end":213419,"quote":"section 143","quote_sha256":"d7b74a430b1fbae34c68b9607b7b327d2a116677629d4cc859446b72bc71394c","reader_fragment":"p-212961-214665-39fbe15d9155c176","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-212961-214665-39fbe15d9155c176","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":213238,"character_end":213649,"quote":"io n with information that is false, \r\ninaccurate or misleading. \r\n(2) The Commission for reasons to be recorded may on its own motion exercise its powers \r\nconferred by section 143, 144 or 145. \r\n(3) For the purposes of this section, the Commission may take into acc ount any matters \r\nthat could be taken into account in deciding whether to suspend or revoke a licence. \r\n(4) The powers conferred on the Commi","quote_sha256":"1ecffa7d3bc21f1590994d2a3fb96c93d96a4364210fdb1609d2664e8d4dd161","reader_fragment":"p-212961-214665-39fbe15d9155c176","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-212961-214665-39fbe15d9155c176","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-43d4faa754c47adccc5e","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"154","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":231539,"character_end":231622,"quote":"154. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"08d038359a91242652f8b800a0325c7ad8f99fb392dec130429345c03e64462c","reader_fragment":"p-230511-232244-2ddb32fba197acf8","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-230511-232244-2ddb32fba197acf8","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-230511-232244-2ddb32fba197acf8","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":220553,"character_end":220564,"quote":"section 154","quote_sha256":"7a4ba754b5435be19190915f30d4f6b3abfc97f3dcb044a9133bfcdf7b5c456c","reader_fragment":"p-219941-221668-c9c17522646da843","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-219941-221668-c9c17522646da843","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":220383,"character_end":220794,"quote":" section or suspend the operation of such an order. \r\nPART XIV \r\nDISCIPLINE OF LICENSED PERSON \r\n150. Disciplinary action in respect of licensed person .— (1) Subject to section 154, \r\nwhere— \r\n(a) a licensed person is or was at any time, guilty of misconduct; or \r\n(b) the Commission is of the opinion that a licensed person is not a fit and proper \r\nperson to remain a licensed person, \r\nthe Commission may ex","quote_sha256":"5a15c5fcedabc5dce91cb91bb24ab4cc50fbf118316524ff2d96a1a510f6e44c","reader_fragment":"p-219941-221668-c9c17522646da843","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-219941-221668-c9c17522646da843","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-6218fcecf83ff17461c5","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"151","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223420,"character_end":223461,"quote":"151. Determination of “fit and proper”.— ","quote_sha256":"a4d9c71941fd52befb1e58d6bb16c15da664c4bc6daf66e806ddea8a23f56c10","reader_fragment":"p-223420-225143-64d7e19931c01055","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-223420-225143-64d7e19931c01055","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-223420-225143-64d7e19931c01055","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":221291,"character_end":221302,"quote":"section 151","quote_sha256":"b3ee66bffae571c33c8f5c85dfb9408bcf6e2b237434efb156699441690dd548","reader_fragment":"p-219941-221668-c9c17522646da843","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-219941-221668-c9c17522646da843","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":221121,"character_end":221532,"quote":"ncel his licence, whether in relation to all or any of the its activities for which \r\nhe is licensed; or \r\n(iii) publicly reprimand the licensed person. \r\n(2) Subject to section 151, where a licensed person is or was at any time, guilty of \r\nmisconduct, the Commission may make one or more of the following orders, separately or in addition \r\nto any power exercisable under clause (i), (ii) or (iii) of sub­sect","quote_sha256":"475f4fa80df82fbc84497127c441d4b2ffc4130498ede83fe33266e9ffd2c671","reader_fragment":"p-219941-221668-c9c17522646da843","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-219941-221668-c9c17522646da843","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-66a4798b806d77aa2eb8","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"151","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223420,"character_end":223461,"quote":"151. Determination of “fit and proper”.— ","quote_sha256":"a4d9c71941fd52befb1e58d6bb16c15da664c4bc6daf66e806ddea8a23f56c10","reader_fragment":"p-223420-225143-64d7e19931c01055","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-223420-225143-64d7e19931c01055","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-223420-225143-64d7e19931c01055","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":222197,"character_end":222208,"quote":"section 151","quote_sha256":"b3ee66bffae571c33c8f5c85dfb9408bcf6e2b237434efb156699441690dd548","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":222027,"character_end":222438,"quote":" a payment under sub­section (2) shall pay the sum \r\nordered to the Commission within fifteen days or such further period as the Commission may specify \r\nby notice under section 151, after the order has taken effect. \r\n(4) A licensed person commits an offence if he fails to comply with an order under \r\nsub­section (2). \r\n(5) In this section “misconduct” means— \r\n(a) a contravention of any of the provisions o","quote_sha256":"2bd623c0ade157a8a0390e9083b4bb7a5a4aca17c57f60d696742ecf323eff40","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-bf5f40603d9660c1f420","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"149","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":218939,"character_end":218962,"quote":"149. Orders of Court.— ","quote_sha256":"336b6a0bc2d4e0b47744ed6ad5d8f436252f419c69445391096d4f8a4e6f12ba","reader_fragment":"p-218165-219941-1f4cae4d0f5f5f39","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-218165-219941-1f4cae4d0f5f5f39","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-218165-219941-1f4cae4d0f5f5f39","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223050,"character_end":223061,"quote":"section 149","quote_sha256":"076fdba2fb35a89451f2f4716e47a7984838f12f5cac0cb62c660d67f4bb94e1","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":222880,"character_end":223291,"quote":"pression “guilty of misconduct” shall be construed accordingly. \r\n(6) For the avoidance of doubt, any disciplinary action taken by the Commission under this \r\nsection or section 149 shall be without prejudice to any other action, whether civil or criminal, that \r\nmay be taken against the licensed person in respect of the same conduct. \r\n(7) In determining whether a licensed person is a fit and proper person ","quote_sha256":"8027b9a46d1ffc796a2600b1cfed165295ec8fe5ec5610880a464b072cc598ba","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-2aae135d2a9c6ae7e80d","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"151","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223420,"character_end":223461,"quote":"151. Determination of “fit and proper”.— ","quote_sha256":"a4d9c71941fd52befb1e58d6bb16c15da664c4bc6daf66e806ddea8a23f56c10","reader_fragment":"p-223420-225143-64d7e19931c01055","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-223420-225143-64d7e19931c01055","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-223420-225143-64d7e19931c01055","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223405,"character_end":223416,"quote":"section 151","quote_sha256":"b3ee66bffae571c33c8f5c85dfb9408bcf6e2b237434efb156699441690dd548","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223235,"character_end":223646,"quote":"ng whether a licensed person is a fit and proper person for the purposes of \r\nclause (b) of sub­section (1), the Commission shall have regard to the matters specified in section 151. \r\n151. Determination of “fit and proper”.— (1) Subject to sub­section (2), the Commission \r\nshall prescribed the fit and proper criteria for licen sed person or in case of company, member of the \r\nboard of directors and senior m","quote_sha256":"75ba7698f6a267c998130df48ccfa80cfdb2a1711cd36d9afc83adbf7c6584f2","reader_fragment":"p-221668-223420-1e496d6a3987937e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-221668-223420-1e496d6a3987937e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-7f138bb1badbd2667f4a","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"151","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":223420,"character_end":223461,"quote":"151. Determination of “fit and proper”.— ","quote_sha256":"a4d9c71941fd52befb1e58d6bb16c15da664c4bc6daf66e806ddea8a23f56c10","reader_fragment":"p-223420-225143-64d7e19931c01055","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-223420-225143-64d7e19931c01055","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-223420-225143-64d7e19931c01055","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":225760,"character_end":225771,"quote":"section 151","quote_sha256":"b3ee66bffae571c33c8f5c85dfb9408bcf6e2b237434efb156699441690dd548","reader_fragment":"p-225143-226929-b3fcf376063382c5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-225143-226929-b3fcf376063382c5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":225590,"character_end":226001,"quote":" is the holding company of the other or others as the case may be. \r\n152. Other circumstances for discip linary action in respect of licensed persons .— (1) \r\nSubject to section 151, the Commission may cancel the licence, whether in relation to all or any of the \r\nactivities for which he is licensed, or suspend his licence, whether in relation to all or any of the  \r\nactivities for which he is licensed, for ","quote_sha256":"ebde5f1e1dcf015bf3c2f3a4da6daeaf290c044acb26695173daac933eb4a82b","reader_fragment":"p-225143-226929-b3fcf376063382c5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-225143-226929-b3fcf376063382c5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-2807409fdf58d2129fd7","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"147","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":216352,"character_end":216367,"quote":"147. Notices.— ","quote_sha256":"c5d62a38daabd5fbb3db57cf3daac771ea37277cc5dae7af6a3f4acd13a8a1b6","reader_fragment":"p-214665-216445-f2dd81fe1c8c5ab5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-214665-216445-f2dd81fe1c8c5ab5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-214665-216445-f2dd81fe1c8c5ab5","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":231678,"character_end":231689,"quote":"section 147","quote_sha256":"873803ec7e676a8cdf714c70d19ca262dcfb43ddd9d6e8e59b6e4f5e4c864231","reader_fragment":"p-230511-232244-2ddb32fba197acf8","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-230511-232244-2ddb32fba197acf8","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":231508,"character_end":231919,"quote":"e period of \r\nsuspension, \r\n \r\n154. Procedural requirements for exercise of disciplinary powers under this Part.— (1) \r\nThe Commission shall not exercise any power under section 147 or 148 without first giving the \r\nlicensed person in respect of who m the power is to be exercised a reasonable opportunity of being \r\nheard: \r\nProvided that where the Commission is satisfied that delay in the suspension of licen","quote_sha256":"f62e8400ed8b7674acd545711a2fc15a8cb39747328278d3e8cd0d1854abd0b2","reader_fragment":"p-230511-232244-2ddb32fba197acf8","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-230511-232244-2ddb32fba197acf8","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-d5e17fd37a3e28729f0c","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"127","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":191446,"character_end":191478,"quote":"127. Application of this Part.— ","quote_sha256":"6970f3151b2aef266664328ac30dc5e8336ba3ddb7c026bcaed3aa9be59dafd3","reader_fragment":"p-189972-191758-294ad02cbc3c713f","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-189972-191758-294ad02cbc3c713f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-189972-191758-294ad02cbc3c713f","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":232519,"character_end":232530,"quote":"section 127","quote_sha256":"ef0cc145d811694530c7797d2d0b10c1fb80cd72a7c859cd521ece06658f5cbe","reader_fragment":"p-232244-233957-dafe757f1234a7fc","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-232244-233957-dafe757f1234a7fc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":232349,"character_end":232760,"quote":"mission may prescribe the manner in which the licensed person shall be given \r\nan opportunity to be heard. \r\n(3) Where the Commission decides to exercise any power under section 127 or 148, the \r\nCommission shall inform the licensed person in respect of whom the power is exercised of its decision \r\nto do so by notice in writing and the notice shall include— \r\n(a) a statement of the reasons for which the deci","quote_sha256":"ae0d78fc2f3fcfb61e8afdb7a7dccdb663a82a23d17cab441b58046322b15353","reader_fragment":"p-232244-233957-dafe757f1234a7fc","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-232244-233957-dafe757f1234a7fc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-16b0fea0506b5e13afd7","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"128","qualifier":"(insider trading)","resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":191609,"character_end":191648,"quote":"128. Prohibition of insider trading .— ","quote_sha256":"fbf1c9428bda2dfaa89cedc1a79a1ae3a934c70a849757316e70eb05aac484be","reader_fragment":"p-189972-191758-294ad02cbc3c713f","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-189972-191758-294ad02cbc3c713f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-189972-191758-294ad02cbc3c713f","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":238604,"character_end":238635,"quote":"section 128 \r\n(insider trading)","quote_sha256":"c6b07f461e3b0c2ccc4e04cb184146a66520d6060e7ec84e1adb7654606695b3","reader_fragment":"p-237457-239209-161a2304ab7cee49","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-237457-239209-161a2304ab7cee49","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":238434,"character_end":238865,"quote":" the standard of proof applicable to civil \r\nproceedings in summary manner in a court of law. \r\n159. Offences and penalties.— (1) Any person who commits an offence under section 128 \r\n(insider trading) shall be liable— \r\n(a) in the case of an individual, to imprisonment of either description for a term \r\nwhich may extend to three years or to a fine which may extend to two hundred \r\nmillion rupees or three times the amount of  g","quote_sha256":"a9b1ee40f706c76b2d6528c942ac53fe717d62bd1a202e8d1843dc99d2820d1d","reader_fragment":"p-237457-239209-161a2304ab7cee49","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-237457-239209-161a2304ab7cee49","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-9dadb6acfb73260864d7","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"64","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":119063,"character_end":119091,"quote":"64. Licensing requirement.— ","quote_sha256":"4945ad356b052c519bb3170d56af81b5a032c82f60d13f6ab8c33fac829d6eb6","reader_fragment":"p-118036-119786-1b93c2dfb5c2f28e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-118036-119786-1b93c2dfb5c2f28e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-118036-119786-1b93c2dfb5c2f28e","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":239729,"character_end":239739,"quote":"section 64","quote_sha256":"1f07811eb54a970a4c52250d885d2972dc6c719f29b625249481894996656336","reader_fragment":"p-239209-240961-7f946306612ec5e5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-239209-240961-7f946306612ec5e5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":239559,"character_end":239969,"quote":"ne which may extend to three hundred million \r\nrupees. \r\n(3) Any person who contravenes the provisions of sections 3 and 22 and sub­section (1) of \r\n \r\nPage 97 of 108  \r\nsection 64 (operating without a licence or other authority) shall be liable to pay to the Commission, by \r\nway of penalty,— \r\n(a) in the case of an individual, such sum which may extend to hundred million \r\nrupees; \r\n(b) in the case of a co","quote_sha256":"44847b4dc9d67570607f97f11aa00041b8a197528e10e23b68f66a455987d957","reader_fragment":"p-239209-240961-7f946306612ec5e5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-239209-240961-7f946306612ec5e5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-a320e3208abf931a555c","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"92","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":152964,"character_end":153014,"quote":"92. Criminal liability for defective prospectus.— ","quote_sha256":"aa9816d90e36efba6c3be7b092b2924f5aec9929f58623a60a124b5fe081be70","reader_fragment":"p-151353-153137-45272a064ab86e9e","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-151353-153137-45272a064ab86e9e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-151353-153137-45272a064ab86e9e","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":240260,"character_end":240270,"quote":"section 92","quote_sha256":"cdb8721bc9be5b4e7f2c3c835e85a3b7e0951d2dd7535307e3d18bd670829dff","reader_fragment":"p-239209-240961-7f946306612ec5e5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-239209-240961-7f946306612ec5e5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":240090,"character_end":240500,"quote":"r sum which may extend to two \r\nhundred thousand rupees for every day or part thereof during which the offence \r\ncontinues. \r\n(4) Any person who commits an offence under section 92 (criminal liability for defective \r\nprospectus) shall be liable to imprisonment of either description for a term which may extend to three \r\nyears or with fine not exceeding one hundred million rup ees or with both unless he prov","quote_sha256":"583ea8d43615eb441c05e75b4fa955676fa12b118d6b998b13a2af1fb5d7b2a7","reader_fragment":"p-239209-240961-7f946306612ec5e5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-239209-240961-7f946306612ec5e5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-0e773a7478a774140cf6","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"161","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":243551,"character_end":243565,"quote":"161. Appeal.— ","quote_sha256":"c8c42802de19446e374d71372101448e4be5781bad7907dbf7cbd5d28861bb1f","reader_fragment":"p-242744-244486-f12868b6b3159863","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-242744-244486-f12868b6b3159863","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-242744-244486-f12868b6b3159863","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":245705,"character_end":245716,"quote":"section 161","quote_sha256":"1ba8220001c19d1d6f76e49ab2397c20b383b37135ce2aebb22907e08c013002","reader_fragment":"p-244486-246282-dc1f45275cb85047","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-244486-246282-dc1f45275cb85047","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":245535,"character_end":245946,"quote":"ered by the Commission as a decree for the payment of money in \r\n \r\nPage 99 of 108  \r\ncase where the person aggrieved by such order has__ \r\n(a) preferred an appeal under section 161 of this Act and the Court upheld the final \r\norder of the Commission and it will automatically be converted into execution \r\nproceeding and no fresh notices need to be issued to appellant; or \r\n(b) not preferred an appeal to the ","quote_sha256":"99ab4063bd0b59eb1cc2284e85da98ddc1572a95ba8f6dc2b69ab3018e713275","reader_fragment":"p-244486-246282-dc1f45275cb85047","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-244486-246282-dc1f45275cb85047","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-631f3c876f577c7e9ab7","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"139","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":207941,"character_end":207962,"quote":"139. Investigation.— ","quote_sha256":"32570606db0bf21646f63666d2a4b3afb80f967ca1f730f9132921fb822987c5","reader_fragment":"p-207646-209445-63ef00eb72055406","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-207646-209445-63ef00eb72055406","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-207646-209445-63ef00eb72055406","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":248638,"character_end":248649,"quote":"section 139","quote_sha256":"7b270530e3afd179c6c955dc052705aec0b168351318b979a9207fafc981c1ee","reader_fragment":"p-248042-249782-f9ada3b61319f1a4","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-248042-249782-f9ada3b61319f1a4","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":248468,"character_end":248879,"quote":" section, the term “complaint” shall include the report \r\nin writing of facts constituting the offence of the investigation officer of the Commission as referred \r\nto in section 139. \r\n(3) Personal attendance of the officer authorized by the Commission to file a complaint \r\nbefore the court trying the offence shall not be necessary on each date during the trail proceedings in \r\n \r\nPage 100 of 108  \r\nthe pres","quote_sha256":"4559fbe8d5238f3ed5de1d45ecddc66e7f51021045b9f1e485a1338b308d45d6","reader_fragment":"p-248042-249782-f9ada3b61319f1a4","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-248042-249782-f9ada3b61319f1a4","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-b2ce8aa4e3f71f3eafb9","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"3","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":27978,"character_end":28006,"quote":"3. 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Repeal and savings. — ","quote_sha256":"3bf1900e629dbf42c592ee8dc23c84ba8c2f760c6dcc75f4a73014c00cdc3d69","reader_fragment":"p-269053-270783-38bc82e9f7e82130","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-269053-270783-38bc82e9f7e82130","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-269053-270783-38bc82e9f7e82130","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":271088,"character_end":271099,"quote":"section 178","quote_sha256":"068da3d274777c8f4eff0b14199f2e3da33333246f8871f52cf7fcd7ec748489","reader_fragment":"p-270783-271866-caab0f07cde88fe5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-270783-271866-caab0f07cde88fe5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":270918,"character_end":271329,"quote":"e of the provision \r\nof this Act, continue in force till the date specified in the certificate or document. \r\n \r\n________ \r\n  \r\n \r\nPage 108 of 108  \r\nTHE SCHEDULE \r\n[See section 178] \r\n \r\n \r\nShort title \r\n \r\n \r\nExtent of repeal \r\n \r\n(1) (2) \r\n \r\nSecurities and Exchange Ordinance,  \r\n1969 (XVII of 1969). \r\n \r\n(i) Clauses (a), (ab), (ac), (ad), (ca), (ce), \r\n(cf), (d), (dd), (de), (e), (f), (g), (h), \r\nsub­cla","quote_sha256":"31fc52fd418009ad17aa07f81781caff6b993f91ba9a6b9d50376f4a98a86d7d","reader_fragment":"p-270783-271866-caab0f07cde88fe5","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-270783-271866-caab0f07cde88fe5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ebcf6694be99368c593a","source":"pk-code-b27fd0da325afbdb","target":"pk-code-b27fd0da325afbdb","provision_kind":"section","provision_number":"2","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":9898,"character_end":10218,"quote":"2. 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\r\n \r\nPage 11 of 108  \r\n(xxvi) “holding company” means a holding company as defined in section 3 of the \r\nCompanies Ordinance, 1984 (XLVII of 1984); \r\n(xxvii) “issuer”, in relation to securities, means any person who has issued or \r\nproposes to issue a security; \r\n(xxviii) “licenced person” means any person or entity licence d under this Act and \r\nincludes a ","quote_sha256":"58d56cb5b436d6bf1d6eb2bf8c3b1ce6fa83d8e8fa5a259fbda22090b49cd66d","reader_fragment":"p-14121-15863-48771fdd3796485d","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-14121-15863-48771fdd3796485d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"resolution":"matched_operative_heading","resolution_scope":"numbered_heading_only","subprovision_status":"not_applicable","target_evidence":{"record_id":"pk-code-8516a9c3a7aaa043","text_version_id":"law:pk-code-8516a9c3a7aaa043:sha256:83a001de3c7ced6016d4394bed984a82cde48efb35b30833c4183797c8790d48","text_sha256":"83a001de3c7ced6016d4394bed984a82cde48efb35b30833c4183797c8790d48","character_start":50292,"character_end":50612,"quote":"3. Meaning of \"subsidiary\" and \"holding company\".­(1) For purposes of this Ordinance, acompany or body corporate shall be deemed to be a subsidiary of another if­\r\n(a) that other company or body corporate directly or indirectly controls, beneficially owns orholds more than fifty percent of its voting securities or othe","quote_sha256":"667ce2d6c022af48c3f1ad5d952802dcbbaee0f7428387054c231ac0ea4794e8","reader_fragment":"p-50292-51964-1d936c87827f4cec","reader_url":"/laws/pk-code-8516a9c3a7aaa043#p-50292-51964-1d936c87827f4cec","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Npa5pkbw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-3-50292","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"external-92e88266b747a53fec5d","source":"pk-code-b27fd0da325afbdb","target":"pk-code-8516a9c3a7aaa043","target_candidates":["pk-code-8516a9c3a7aaa043"],"citation_id":"citation-52e1ad687562018913a5","provision_kind":"section","provision_number":"282A","qualifier":null,"instrument_title":"Companies Ordinance, 1984","evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":17702,"character_end":17747,"quote":"section 282A of the Companies Ordinance, 1984","quote_sha256":"ebeeaf95f9f00381a65bd765dbd588fed6df0a4830d3c59f8c0465525570786c","reader_fragment":"p-17600-19333-f661f35480427d64","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-17600-19333-f661f35480427d64","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"instrument_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":17722,"character_end":17747,"quote":"Companies Ordinance, 1984","quote_sha256":"cb7d4c316cea88e9922788daa9544fccfa9dc5921560940937397fff1b9e794e","reader_fragment":"p-17600-19333-f661f35480427d64","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-17600-19333-f661f35480427d64","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":17532,"character_end":17977,"quote":"er represented by a cheque or \r\nother payable order or otherwise; 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Acquisition of voting shares beyond prescribed limits or control of a company. — \r\nNo person shall, directly or indirectly,— \r\n(a) acquire voting shares, which (taken together with voting shares, if any, held by \r\nsuch person) would entitle such person to more than thirty per cent voting shares \r\nin a listed compa","quote_sha256":"914fbf7ebc33f62b04a0e2ad658c328d1330f0bba3649223fd1482dbaba35fe4","reader_fragment":"p-177603-179379-370298328d5fef84","reader_url":"/laws/pk-code-b27fd0da325afbdb#p-177603-179379-370298328d5fef84","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2JwZp8%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-111-179291","target_identification":"unique_main_heading_in_source_based_reader","source_evidence_url":"/law-maps/pk-code-7110a61fd83bfee3.json"},{"id":"external-786a8f0643aa49aebd2f","source":"pk-code-7780909d7f295f34","target":"pk-code-b27fd0da325afbdb","target_candidates":["pk-code-b27fd0da325afbdb"],"citation_id":"citation-348f30e647ce23dcc137","provision_kind":"section","provision_number":"162","qualifier":null,"instrument_title":"Securities Act, 2015","resolution":"matched_operative_heading","resolution_scope":"numbered_heading_only","subprovision_status":"not_applicable","target_evidence":{"record_id":"pk-code-b27fd0da325afbdb","text_version_id":"law:pk-code-b27fd0da325afbdb:sha256:32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","text_sha256":"32d447062a70c13e1cedede5476afd197d3c9ff9c1baa7e43b0e068ddead3a0b","character_start":245311,"character_end":245340,"quote":"162. 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