SEC Quarterly Review JUL-SEP, 1999

^{SEC
Quarterly Review}

^Apr-Jun2002

LEGAL SERVICES

Court cases: The total number of the court cases filed by and against SEC in different courts are 83. A list of these 83 cases with the names of the courts in which these are pending is given below:

Sl. No.	Name of the Court		Number of Cases
01	Supreme Court of Bangladesh	Appellate Division	17
		High Court Division	2
02	2^nd Add. Metro Session Judge Court, Dhaka.		03
03	5^th Sub Judge Court, Dhaka.		04
04	6^th Asst. Judge Court, Dhaka.		02
05	1^st Add. Asst. Judge Court, Dhaka.		01
06	Chief Metropolitan Magistrate Court, Dhaka.		05
07	Metropolitan Session udge Court, Dhaka.		03
08	General Certificate Court, Dhaka.		06
Total			83

Share Scam Cases, 1996
Out of total 28 share scam cases, 14 cases are now pending before the Appellate Division and 11 cases before the High Court Division of the honorable Supreme Court. Remaining 3 cases are pending before the 2^nd Additional Metropolitan Session Judge Court for trial.

Case challenging the notifications issued under the securities laws:
Beximco Pharmaceuticals Ltd. has filed two writ petitions in the High Court Division challenging SEC’s gazette notification published, in exercise of the power conferred under section 2CC of the Securities and Exchange Ordinance, 1969, regarding declaration of dividend in the AGM and appointment of auditors and video recording of Annual General Meeting of listed companies.

Case challenging Commission’s order:
Mr. Rezaur Rahman, former CEO of Dhaka Stock Exchange has filed a writ petition challenging SEC’s order terminating him from the office.