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FARZAND ALI versus THE STATE


Ordinance of Companies 1984 Sections 284 (1), 285, 286, 287, 288 and 503 (i) (c) of Modaraba Companies and Modarba (Flotation and Control) Ordinance (1980 NXI), Section 10 Companies Approval for approval of the scheme for the two applicants had a separate system of their own business which was opposite to each other The company's business was to join the business of Modarbaba while the other was interest based business and that was the concept of Modarba Was exactly a deviation from The certificate holders of the company, which violated the merger prospectus of the merger company, have subscribed to Raba Free Business in Mobadaba's fund and the proposed merger will radically alter their investment status. The report of the State Bank of Pakistan shows that those who survived were less financially volatile while registrars, as the share / money period may have subsidized but their numbers could be larger. According to Mo3 Yuba Companies, the merged company paid dividends to its certificate holders, The performance of the selected company was poor and the State Bank of Pakistan advised the company to re-invest. In order to meet such and such requirements, the application was made at the cost of the certificate holders where the effect was on the certificate holders. The price was filed, the High Court refused to allow the gathering

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