Securities and Exchange Ordinance [XVII of 1969]
Section 26 read with
Securities and Exchange Commission (Stock Dealer, Stock Broker and Authorized Representative) Rules, 2000
Rule 12
It is now well recognized that where a right or liability is created by a statute which gives a special remedy for en-forcing it, the remedy provided by that statute only must be availed of. The High Court Division held that in the instant case the petitioner did not make any attempt to file a revision or review and to exercise this right prior to filing the writ petition. It is now well recognized that where a right or liability is created by a statute which gives a special remedy for enforcing it, the remedy provided by that statute only must be availed of. Instead of doing so, petitioner filed the writ petition within the time limits / limitation periods prescribed for revision and review, thereby marking the instant writ petition unmaintainable. Shamim Ahmed -Vs.- Chairman, Bangladesh Security and Exchange Commission & others(Spl.Original) 2019 ALR (HCD) Online 390 ....View Full Judgment