INVESTMENT CORPORATION OF PAKISTAN (I.C..P,) versus SINDH TECH. INDUSTRIES LIMITED
Eliminating Company Ordinance 1984 Sections 305, 309, 233 and 234 Company Petitioners, Banking Organization Provided Debt Facilities to Respondents, Against Short Term and Long Term Investment Contracts to a Public Limited Sponsors / Directors / Joint Guarantee The defendant was executed by the company. Appropriate performance of the terms and conditions of the contracts Form XVIII filed in favor of the applicant corporation Respondent Company, by the defendant company, for submission of mortgage registration certificates, submission of deeds relating to title, plant, machinery and equipment. Letter and floating charge indicated. Unable to pay the debt, the respondent's company subsidiary disappeared, the annual accounts violated by the terms of the contract and the trust were not filed with the Registrar, Joint Stock Companies nor Banking. The request to terminate the respondent company with the organization was accepted.
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