ORIX LEASING PAKISTAN versus COLONY THAL TEXTILE MILLS LTD.
Retention of application for termination of a company established under the Arbitration of Arbitration Act, 1940, Section 34, Ordinance of Section 34 Companies (XLVII of 1984), Section 34 of the Arbitration Act, 1940 under Section 305, Companies Ordinance, 1984 The Company was not responsible for the restoration of the Company's stay of section 4e under Section 34, Arbitration Act, 1940, although Section 34, Arbitration Act, 1940 may be deemed to be a legal proceeding, any such action may be subject to arbitration. Cannot be considered for enforcement of claim. 305 of the provision cannot be deemed appropriate for the recovery of the contract and the application for direction of the same, the Company Ordinance, 1984, has the exclusive court's authority to adjourn the company before the High Court and no other. The court, therefore, cannot accept the authority. Cannot claim to be born out of contract or under contract to claim relief from arbitration or any other court. Cases preventing arbitrable cases and requests for reference to arbitration were rejected.
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