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SINDH TECH. INDUSTRIES LTD. versus INVESTMENT CORPORATION OF PAKISTAN


General Clauses Act 1897 Sections 305, 309 and 306 (1 i) General Clause Act (X of 1897), Section 27 was applied to associate the company in a direction which did not seek to serve the legal notice. Under 5306, the appellant company changed its address under the Companies Ordinance, 1984, it was the responsibility of the respondents (banking company) to report the same to the respondents, therefore, by registered post. There was no option but to give notice at the previous address. On account of his known address under section 27, General Clause Act, 1897, the confession caused by sending to the appellant was accepted by the addressee company's failure to discharge its obligation within the legal period of notice. So, it was raised properly to the appellant The company failed to pay its debts Wing agreed to ban the payment schedule in six monthly installments, failing to fulfill its obligation. Therefore, the defendants were justified in petitioning for the termination of the Company Impend Order under which the Appellant (lesser) Merchandise) was approved not to heal wounds. The law and such order, being fair and equitable, did not guarantee interference in the appeal

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