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GLOREX TEXTILE LIMITED, KARACHI versus INVESTMENT CORPORATION OF PAKISTAN (ICP)


Companies Ordinance 1984 S, 305, 306, 309 and 10 Supreme Court Rules, 1980, O XII, R 2 Appeal from the Supreme Court to the Investment Corporation (Appellant) to pay the outstanding balance to the Company. Did not Despite the respondents' repeated demands for liability and issuing legal notices to the company, the High Court rightly stated that the appellant company had an appeal against the investment corporation's decision to dismiss the appellant. There was no defense against upnights. The company was dismissed under observation that if the company agrees to pay the entire amount owed to the respondents (Investment, Corp.), for the company to apply for a review of the decision of the Supreme Court within a certain period. Will open.

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