The Securities and Exchange Ordinance, 1969

Section 22ARestriction in respect of filing of suit.

In forceChapter V ENQUIRIES, PENALTIES, ORDERS AND APPEALS

Ask Bidhi about this provision Official text on bdlaws

Not in the index: Authentic Bangla Text (official Bengali text, PDF only)

Chapter V ENQUIRIES, PENALTIES, ORDERS AND APPEALS

s. 22A

22A. Restriction in respect of filing of suit [Notwithstanding anything contained in any other law for the time being in force, no legal proceeding before any Court can be brought challenging an order of penalty imposed by the Commission unless an amount of 15% (fifteen percent) of such penalty is deposited in the Commission.]

37. Section 22A was added by section 10 of the Securities and Exchange (Amendment) Act, 2012 (Act No. XLVI of 2012).

End of s. 22A. Not in the index for this Act: Authentic Bangla Text (official Bengali text, PDF only).

Read the contents: The Securities and Exchange Ordinance, 1969