ISLAMABAD (APP) - As part of its enforcement and regulatory function, the Enforcement Department of the Securities and Exchange Commission of Pakistan (SECP) passed 37 orders, fining defaulting companies besides issuance of 29 show-cause notices in December. According to a press release issued here on Tuesday, the department imposed penalty of Rs 4.425 million on listed and unlisted companies in December for non-compliance with various provisions of the 1984 Companies Ordinance, and Rs 2.2 million for non-compliance with various provisions of the 2002 Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Ordinance. The department also resolved 40 investors complaints during the month.