'Fit and Proper Criteria': A CEO must have at least seven-year experience in senior management position: SECP | Business Recorder

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In the instant petition, SECP (having only two commissioners including a
chairman) has set aside order of SECP in 56/2013. The requisite qorum
as required under the SECP Act, 1997 does not fulfill the statutory
requirment of law itself, how SECP or Appelent Bench may decide the
matter itself. The house of SECP is not in order the case under
discussion and over all!