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IN RE: R.R.P. LIMITED versus NIMIR RESINS LIMITED


Ordinance 1984 Sections 284, 287 and 288 of the Companies Orders for Consolidation and Solidarity The members of the two companies unanimously approved the merger / consolidation resolution of the two companies and neither the employees nor the lenders were the two companies. Had come forward to oppose the merger scheme. The disclosure of their latest financial position was apparently not contrary to the ordinance of the companies in the proposed theme, the 1984 merger / merger would, in the circumstances, be in the interest of the shareholders of the two companies, especially when the merger / merger took place. There was no content record to suggest. The two companies would be against the public interest or a combination / merger scheme was approved in violation of any law and according to the requirement of section 287 of the Companies Ordinance, 1984 orders were approved accordingly.

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