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Towards Shareholder Democracy: SECP announces policy for proactive enforcement of corporate laws – Copy

Towards Shareholder Democracy: SECP announces policy for proactive enforcement of corporate laws: “ISLAMABAD, March 12: The Securities and Exchange Commission of Pakistan (SECP) has issued a circular No. 7/2024 clarifying power of the Commission to call or direct the calling of general meetings of the companies. In the Circular issued on March 07, 2024, it […]

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Towards Shareholder Democracy: SECP announces policy for proactive enforcement of corporate laws

Towards Shareholder Democracy: SECP announces policy for proactive enforcement of corporate laws: “ISLAMABAD, March 12: The Securities and Exchange Commission of Pakistan (SECP) has issued a circular No. 7/2024 clarifying power of the Commission to call or direct the calling of general meetings of the companies. In the Circular issued on March 07, 2024, it

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ISLAMABAD: The Supreme Court, hearing an appeal filed by Messrs Monal group of companies, wondered on Monday how the Margalla Hills National Park (MHNP) could be converted into the military’s grassland.

ISLAMABAD: The Supreme Court, hearing an appeal filed by Messrs Monal group of companies, wondered on Monday how the Margalla Hills National Park (MHNP) could be converted into the military’s grassland. Headed by Chief Justice of Pakistan (CJP) Qazi Faez Isa, a three-judge bench had taken up the Monal group’s appeal against an Islamabad High

ISLAMABAD: The Supreme Court, hearing an appeal filed by Messrs Monal group of companies, wondered on Monday how the Margalla Hills National Park (MHNP) could be converted into the military’s grassland. Read More »

The SC Expects the HCs to Decide the Pending Cases of “Deemed Income Tax” Expeditiously:

ISLAMABAD: The Supreme Court (SC) has directed the High Courts to expeditiously decide the matter of tax on “deemed income” basis on immovable properties. A four-member bench of the SC has issued an order in this regard. According to the order of the SC, the petitioners have challenged the tax on “deemed income” (“impugned tax”)

The SC Expects the HCs to Decide the Pending Cases of “Deemed Income Tax” Expeditiously: Read More »

The Mass Deportation Drive Against Afghan Refugees Challenged Before the SC U/A 184(3): Petition by a Broad Coalition of Eminent Pakistanis

The Mass Deportation Drive Against Afghan Refugees Challenged Before the SC U/A 184(3): Petition by a Broad Coalition of Eminent Pakistanis A broad coalition of eminent citizens of Pakistan, through counsel Mr. Umer Ijaz Gilani (ASC), has approached the Honorable Supreme Court through a petition under article 184(3) Constitution, 1973, challenging the Caretaker Government’s unconstitutional,

The Mass Deportation Drive Against Afghan Refugees Challenged Before the SC U/A 184(3): Petition by a Broad Coalition of Eminent Pakistanis Read More »

SC Stops Authorities From Expelling an Afghan Citizen:

ISLAMABAD: The Supreme Court on Mon­day stopped authorities from expelling an Afghanistan-born Danish citizen from Pakistan after the security agencies objected to the renewal of his Pakistan Origin Card (POC). Headed by Chief Justice of Pakistan (CJP) Qazi Faez Isa, a three-member SC bench also directed the Inter-Services Intelli­gence (ISI), the premier intelligence agency, to

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FBR New Circulars: Section 7E Will Not Apply Within the Jurisdiction of Lahore High Court.

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented the judgment of the Lahore High Court (LHC) on Section 7E (tax on deemed income basis) of the Income Tax Ordinance 2001 and now Section 7E will not apply to cases (filers/non-filers) falling within the jurisdiction of the LHC. Under an income tax circular issued by

FBR New Circulars: Section 7E Will Not Apply Within the Jurisdiction of Lahore High Court. Read More »

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