1. This order shall dispose of appeal No. 31, 32, 35, 36 and 37 of 2009 filed under section 33 of the Securities and Exchange Commission of Pakistan (the "Commission") Act, 1997 against the order dated 27/09/12 (the "Impugned Order") passed by the Respondent. The appeal was fixed for hearing previously on 31/12/09, 02/01/15, 10/02/15 and 06/04/15. Except on 31/12/09, the Appellant have neither appeared before the bench nor sought adjournment. The appeal was re-fixed for hearing and final opportunity was provided to the Appellant to appear and defend the case on 15/04/15. The appeal was called for hearing at 10:00 am; the department representatives were present, however, the Appellants had neither Appellate Bench No. IV Appeal No. 31., 32, 35, 36 and 37 of 2009 Page 3 of 3 appeared before the Bench nor had sought adjournment. The appeal is, therefore, dismissed for non-appearance and non-persuasion.
2. Parties to bear their own cost.