Section 24: Power to give directions — Stock Exchange (Corporatisation, Demutualization and Integration) Act, 2012

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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24. Power to give directions.—(1) The Commission shall have the power to give such directions to a stock exchange, either jointly or severally, or to a shareholder, or a committee member, or a TRE certificate holder as the Commission deems necessary for achieving the purposes of this Act. (2) The stock exchange, shareholder, TRE certificate holder or committee member to which a direction is issued under this section or any other section of this Act shall be bound to comply with the same and failure of a stock exchange, shareholder, TRE certificate holder or committee member to comply with any such direction shall be an offence under this Act.

Effective date: 2012-01-01

Related sections

Section 23: Power to make regulations. The Commission, may, by notification in the official Gazette,Section 25: Act to override other laws Section 22: Prohibition on sale etc of assets of the stock exchange. No stock exchange shall sell Section 26: Savings Section 21: Winding up of a stock exchange. A stock exchange shall not commence any proceedings Section 27: Removal difficulty

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