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NATIONAL BANK OF PAKISTAN versus ITTEFAQ FOUNDARIES (PVT) LTD.

Companies Ordinance 1984 Sections 313, 314, 170 and 9 The petition for dismissal of the pending judgment of the company will be stopped in this case, the High Court will have the discretion, after hearing the direction petition, to decide. Should the same be dismissed or given an order other than the termination of the company, the court will also have the discretion to stop the proceedings. The petition was filed after the summoning order, where the Sami petition was submitted on the basis that it is in accordance with justice and justice to injure the company, the court may refuse to order the summons at its discretion. If there is some opinion that other treatment was also available to the applicant and the person who was trying to collapse was acting irrationally in an attempt to injure rather than chase the company. This second remedy, where the order to terminate the company was issued, could not be prosecuted or prosecuted by the Company Ordinance, 1984, if it was connected with the judicial provisions. , Pointing to the fact that in the case of a lawsuit against the company to recover the loan amount, such action should be stayed and not before the petitioner's termination proceedings, Cannot claim as status. The truth is that no action can be taken to terminate the petition if the case for recovery or loan was not filed or such an application should be dismissed on the simplicity of the score, therefore, the petition is pending. Pending and with that will be decided. To wrap jobs for advocates from Sangote lawyer