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ALLIED MANAGEMENT GROUP versus FEDERATION OF PAKISTAN

Bank of Pakistan 1973 Section 82 (2) (3) Ordinance of Banking Companies (LVII of 1962), Section 11 (1), First Time, CL (C) Constitution of Pakistan (1973), Article 185 (3) Shares of Bank Sales According to the Privatization Agreement, the applicant was responsible for the purchase of shares owned by the Federal Government, but failed to fulfill the Federal Government's responsibility on the recommendations of the Privatization Commission, which intended to transfer its shares to the general public. By selling, the applicant was constitutionally suspended such action by the government. Prior to the High Court's dismissal, the applicant held that the transfer of shares by the federal government violated section 82 (2) (3) of the Companies Ordinance 1984, along with the High Court's constitutional appeal. (1), the first provisions of the Ordinance of Banking Companies, 1962, did not justify the sale of government-owned shares to the public. Violation of Section 82 (2) (3) of the Companies Ordinance, 1984 and Section 11 (1) (C), provisions of the Ordinance of Banking Companies, 1962 Applicants are required to pay a premium under land law or under contract Can't pay. Petitions from his own members, in the present case, were neither interested in the purchase of the shares nor allowing him to sell it in favor of the general public; Permission to appeal was denied how to become a advocate from Umer Kot lawyer