Section 41A: Standard of proof — Securities and Exchange Commission of Pakistan Act, 1997

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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1[41A. Standard of proof.—(1) Where it is necessary for the Commission to establish or to be satisfied, for the purposes of this Act or any administered legislation, that any person has contravened: (a) any provision of this Act or any administered legislation or subordinate legislation; (b) any notice, direction or requirement given or made under or pursuant to any provision of this Act or any administered legislation; (c) any of the terms and conditions of a registration granted under this Act or any licence or registration granted under any administered legislation; (d) any other condition imposed under or pursuant to any provision of this Act or any administered legislation, it shall be sufficient for the Commission to establish or to be satisfied as to the matters referred above on the standard of proof applicable to civil proceedings in summary manner in a court of law.

Effective date: 1997-01-01

Related sections

Section 41: Common seal. The Commission shall have a common seal and such seal shall be kept in Section 41B: Inquiry, investigation and other proceedings in respect of regulated persons Section 40B: Power of the Commission to issue directives, circulars, guidelines, etc. The Section 42: Public servants Section 40AA: Fines and penalties to be credited to the Federal Consolidated Fund Section 42A: Indemnity of the Commission, Chairman, Commissioners, employees and

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