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ICI PAKISTAN LIMITED versus CRESCENT INVESTMENT BANK LTD.


Ordinance of Companies 1984 Sections 284 and 287 Scheme of Management, approval of joint application by two companies for approval of such scheme, out of three types of lenders, of the three types of lenders, 81% to 475%, Convening a meeting of creditors by court order. Of the 472 of the second category and the third category of lenders had agreed to hold the scheme effect, there was no need or no reason to meet the lenders or TFC holders in a situation where The price was estimated to be acceptable by the majority of shareholders; it was not necessary to review the proposed scheme of management in any way, in any way unfair or unreasonable or against the interest of any person concerned. Or was appealed against in the public interest. Under the circumstances

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