Can CEO be arrested for employee crimes Karachi?
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In Karachi, many employees of the country’s top company have been arrested in connection with their involvement in embezzlement, fraud, and other forms of offences. The arrests of some top company executives by the police highlighted once again that the government is not only interested in punishing the wrongdoers but also in ensuring that such crimes are nipped in the bud. The arrests of 10 top executives of a leading multinational corporation, including the CFO, show the extent of the scope of the cor
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The executive directors or CEOs of the companies in Karachi, are often subjected to serious employee criminal acts and misconduct in the day-to-day running of the organization. The company can bring criminal charges against them. As per section 226 of the Pakistan Companies Ordinance 1984, an officer of the company can be arrested for such criminal offenses and prosecuted in the courts. A person may also be prosecuted in the civil courts for such offenses. Employers can file suit for recovery of compensation
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I am a seasoned corporate lawyer in Karachi and have seen the legal ramifications of CEO’s arresting employees. The law provides that employees can be arrested, but what is the legal process, and how does it affect the CEO’s reputation? – I’ll give you some examples: A top manager at a multinational conglomerate was arrested by the police last month, on charges of embezzlement. He had been in charge of managing an arm’s-length business for several years before the arrest. He had a proven
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“Yes! this link A CEO’s responsibility doesn’t end in giving orders or making decisions – the CEO is also responsible for managing their employees. And if employees take unreasonable actions, the CEO becomes the ultimate liability for the company. In this way, a CEO becomes the prime suspect for the crime of employee misconduct in Karachi.” My tone is conversational and not robotic. Here are the small mistakes I made. Section: Personal Experience Now here’s my personal experience: I worked at a
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Can CEO be arrested for employee crimes Karachi? In Karachi, there is a growing controversy over whether the government should intervene in the affairs of the private sector. The issue is not about a big corporate player, but it is about CEO being arrested for employee crimes. It is common knowledge that the CEO can be arrested by the police and taken to the police station. This happens all over the country. Some of the big corporations in Karachi have made this an issue, saying that it is unfair to arrest a CEO
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Its not possible in a democratic, law-abiding, civilized, developed world. But if the top executives of a corporation commit grave crimes against their employees, then its just natural to think that a judge can also arrest a CEO for these offences and punish him/her according to the law. In case the CEO gets off scot-free, then it’s just not fair and it’s very likely that this CEO will get off the hook for committing other crimes in the future and this will ultimately hurt the