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RAZZAK USMAN versus GOLDEN PLASTICS

Ordinance 1984 Section 290 Minority Shareholder's request for majority shareholders of the company to direct the purchase of their shares at their original value, keeping the party in mind, should bear in mind that the applicant The assistance provided should not be greater than the alleged oppression. The company acknowledges the value of minority shares by a majority of members at 10 shares between Rs 3 and 4, and most of its shareholders will not be in a position to raise their capital and buy applicants' shares. ? The company's assets were held in mortgage by the bank, which was not a party to the proceedings in the High Court, while considering that these were allegations and retaliation. Disposition between the parties, complete lack of trust between the majority shareholders and the minority shareholders. Low share price. The company suffered continuous losses. And the absence of all shareholders in the proceedings. It was deemed appropriate and appropriate to order the company to be mobilized, officially appointed as an official levyholder to take over the company and proceed in accordance with the law. criminal advocate from Shedani sharif lawyer