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CENTRAL COTTON MILLS LTD. versus NAVEED TEXTILE MILLS LTD .

Section 158 (3), 161 (8) and 178 Annual General Meeting Notices Non-compliance with the requirements of the notice under the Companies Ordinance, 1984 Impact Sentence - Not less than twenty-one days \ notice \ section 158 (3) means and The scope of the circle indicates that the annual general meeting notice will be sent to the shareholders at least twenty-one days before the due date for the meeting. The Articles of the Association of Response (Company) provide not less than twenty-one days \ notice (other than the day on which the notice was presented or presented but with the day on which the notice was given) The notice of the Annual General Meeting, specifying the location, day and hour of the place, should have been sent the day before to require publication of Section 158.)), The ordinance of the companies, as far as the publication was concerned, was partial. This was followed, however, with no supporting material presented, to indicate that the individual notices were sent to all directors / shareholders in the terms Is. Under section 158 (3), the Companies Ordinance, 1984, has provided a penalty for non-compliance with any of the provisions of section 178, therefore, compliance is deemed to be compulsory under the Companies Ordinance, Non-compliance will lead to meetings on specific dates. With no formal notice of postponement meeting issued, holding of the meeting on due dates was declared void and the respondents were instructed to summon the Companies General Ordinance, 1984 and the Memorandum of Article Association to convene the Annual General Meeting. Take action as The supervisor said that the official assistant was appointed immediately law firms from Dhoun Kal lawyer