SECP complaint
ایس ای سی پی کو شکایت
Corporate
An SECP complaint is a complaint to the Securities and Exchange Commission of Pakistan against a company, its directors or a regulated entity.
What does SECP complaint mean in plain words?
Shareholders, investors and others can bring non-compliance, fraud or mismanagement to the SECP. The SECP can order an investigation on its own motion or on information it receives, and it has powers to impose penalties under the law. It is a regulator, not a civil court.
When will I hear SECP complaint?
The minority shareholder complained to SECP about the director's misuse of funds.
Which law covers SECP complaint?
Sections 29 and 40A, Securities and Exchange Commission of Pakistan Act 1997; Section 256, Companies Act 2017