SECP cancels registration of a fake company CPNE

Author: Press Release

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has cancelled the registration of a company, using the name of the Council of Pakistan Newspapers Editors (CPNE).

A decision to this effect was taken by the SECP on a complaint filed by the CPNE.

The SECP has directed Khushnood Ali Khan, the owner of the company, to change the name within 30 days, otherwise the commission will itself do so.

In his decision, the SECP registrar, Liaqat Ali Dolla, declared that Khushnood Ali Khan had got his company registered in the name of CPNE by concealing facts, providing incorrect information and misleading the commission, which itself was an illegal act in accordance with the laws.

The CPNE, which had been registered under the Society Registration Act 1860, is the representative forum of the newspaper editors in Pakistan. The country’s distinctive journalists and personalities are part of the CPNE since its inception.

Congratulating the council members on this achievement, the CPNE office bearers observed that the conspiracy aimed at targeting the CPNE through grouping, misleading campaigns, and forgery had been foiled.

They vowed that the country’s editor community would stand united and frustrate any further attempt against the CPNE in future.

Published in Daily Times, June 30th 2018.

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