SC declares Chairman SECP appointment null and void

ISLAMABAD: The Supreme Court of Pakistan (SC) has declared the appointment of Chairman Security and Exchange Commission of Pakistan (SECP) illegal and invalid Friday, Geo News reported.

A two-judge bench headed by Justice Jawwad S Khawaja issued the brief order in the case. According to the judgment, the appointment of Chairman SECP Muhammad Ali is illegal and, hence, invalid. Therefore, the court instructed the federal government to appoint the new SECP head soon.