BROOKE BOND PAKISTAN LIMITED versus ASLAM BIN IBRAHIM
Ordinance of Companies Companies 1984 Sections 287 and 284 Companies reviewing the merger / merger scheme of companies by the court should also take into account the reasons for accepting the court's requirements which states that the members of both companies Supported the integration resolution without coercion. Etc; Corporate Law Authority did not object to it and declared the merger / solidarity to be in accordance with the law; neither the employees of the two companies nor any of their creditors raised any objection. The two companies had disclosed their latest financial status, which had not been disputed and nothing was found in the merger scheme against the Companies Ordinance, 1984. The merger / merger will be in the interest of the shareholders of both companies The High Court, in the circumstances, approved the scheme of merger arrangements of the companies and issued the necessary instructions accordingly.
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