The Supreme Court of Pakistan (SC) on Friday declared the appointment of Security and Exchange Commission of Pakistan (SECP) chairman illegal and invalid.
A two-judge bench headed by Justice Jawwad S Khawaja issued the brief order in the case. According to the judgment, the appointment of former chairman SECP Muhammad Ali was illegal and, hence, invalid. Therefore, the court instructed the federal government to appoint the new SECP head soon.