ISLAMABAD, Dec 17 (Online): Islamabad High Court (IHC) has sought reply from counsel for SECP that under what law SECP kept the business related information secret.
Chief Justice (CJ) IHC Athar Minallah took up for hearing petition filed by SECP officer Arsalan Zafar against inquiry into data leak here Thursday.
The court remarked SECP should satisfy till next hearing that under what law these information are kept secret.
The counsel for SECP presented the report before the court.
The court remarked there is nothing in this report. Even no secret thing is therein.
Counsel for SECP told the court secret thing is not in this report but it is in the second report.
The court inquired do you provide some other information to people on your portal and keep the real information secret. Does it mean what information have been placed on website for people are misleading. It seems as if inquiry commission does not know itself what data has been leaked. Tell us Which secret informations were leaked.
The court inquired as to why the name of share holders of any company should not be made public. Why the commission wants to keep its report secret.
Counsel for SECP told the court that information of private companies are kept secret all over the world.
The court inquired under what law the information of private companies are kept secret.
The defence counsel told the court the question should be this under what law the information be made public.
The court directed the defence counsel” study the section 19-A of the constitution.
The court inquired from defence counsel if a son of a judge does business then why his name should not be made public.
The court directed that it should be satisfied under what law the information are kept secret.
The court adjourned the hearing of the case till January 28.