Apex Court nullifies appointment of Chairman SECP

HeadlinesApex Court nullifies appointment of Chairman SECP

ISLAMABAD: Supreme Court has nullified the appointment of Chairman‚ Muhammad Ali‚ Securities And Exchange Commission of Pakistan (SECP) with effect from February 24‚ 2010.

The short order was announced by a 2-member bench headed by Justice Jawad S. Khwaja in Islamabad on Friday.

The apex court directed the federal government to appoint new Chairman of the Commission as soon as possible.

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