The Appellate Bench of the Securities and Exchange Commission (SECP), the highest quasi-judicial appellate body, has successfully disposed of 100 appeals between March 2024 and March 2025.
This accomplishment represents a significant step toward expediting justice and reducing the backlog of pending cases. All orders issued by the Appellate Bench are made available on the SECP’s official website, according to a release issued on Monday.
The Appellate Bench Registry has played a crucial role in ensuring the timely resolution of various legal matters, demonstrating efficiency and commitment to upholding the rule of law. Among the 100 appeals disposed of, 26 related to the Insurance Ordinance, 2000, and six involved the Securities Act, 2015.
Additionally, 22 cases concerned the Companies Ordinance, 1984, and the Companies Act, 2017, while six cases dealt with violations of the Non-Banking Finance Companies Regulations, 2008. The remaining 40 cases involved breaches of the SECP’s Anti-Money Laundering and Countering Financing of Terrorism Regulations, 2018 and 2020.
Out of the 100 appeals filed against orders from adjudicating authorities, the Appellate Bench upheld 94 orders, while six were set aside, reflecting its commitment to judicial integrity and fair outcomes.
This milestone underscores the SECP Appellate Bench’s dedication to improving judicial efficiency, enhancing access to justice, and alleviating the burden of pending cases. In addition to addressing the existing backlog, the Appellate Bench Registry also registered 92 new appeals during this period.
