Securities and Exchange Commission
Following enforcement action was taken by the Commission
during March, 2004:
|
Sl. No. |
Date |
Nature of default/Appeal |
Commission’s
decision |
|
01. |
|
Non holding of annual general
meeting by Paragon Leather & Footwear Industries Ltd. |
Penalty
of Taka 1.00 lac imposed on Mr. M. A. Salam, Managing Director of the Company. An additional penalty of Taka 10,000 per day if default
continues after the date of order. |
|
02. |
|
Non holding of annual general
meeting by Sonali Paper & Board Mills Ltd. |
An additional penalty of Taka 10,000 per day if default
continues after the date of order. |
Farhad Ahmed
Executive Director
CC:
Chairman
Member (Admin, Registration, Surveillance & MIS)
Member (Law, Enforcement & SRMID)
Member (CF, IPO, CMRRCD & R&D)
ED (CMRRCD, R&D)
DD (MIS)- with a soft copy for
uploading in the Commission’s website
Public Reference Room