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ISRARUL HAQ versus AL-TAHIR INDUSTRIES (PVT.) LIMITED

Ordinance of Companies 1984 Sections 290, 86, 156, 158, 205: & 252 Minor Repression and Misconduct in the Affairs of the Company Officer, which holds 42% to 32% stake, to handle company petition matters, prayed that the company Regulatory matters should be regulated or alternatively, the respondents should be directed to purchase their shares, since they have not been allowed to participate in the administration since the purchase of their shares. Was added to the board of directors. The respondents contend that the shares of the applicants have been declared invalid. Applicants were not paid any consideration for the ordinance and the shares, according to the Corporate Law Authority, were 2000 shares out of a total of 20,000 shares worth Rs 100. And that the Company did not file Form A and Form 29 under Articles 156, 158, 205 and 252 of the Act, copies of share certificates prepared by the applicants were obtained by the Chief Expattee or by the Directors Company as such Did not refuse to issue the certificate. The application for payment of unpaid wages was raised only in defense of the application under section 290 of the Ordinance, filed in April, 1992, despite taking such an application in the year 1994, no proceedings for the consideration of the already issued share certificate. Was neither filed nor filed. The Registrar of Companies of Applicants has confirmed that they have signed the Chief Executive in connection with the issuance of 2000 shares in Form 111, it appears that they are trying to escape their responsibility of the respondents. The four-year-long silence from the side helped to acknowledge this as a factor best advocate from Pindi Bhattian lawyer