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HALA SPINNING MILLS LTD versus INTERNATIONAL FINANCE CORPORATION


Sections 10 (1), 230, 233 and 305 of the Appeal Companies Ordinance, 233 of 1984, for material discretion, may be considered material documents either in the same case with the correct reflection of the company's financial condition. Balance sheets should be audited either on a statement of account basis and rejected. The Company's opinion auditor may establish that the company is financially solvent to discharge its obligation or else the company was not commercially concerned, despite the fact that it was currently operating But according to the latest auditor reports, the company was running at a loss and its responsibility was increasing day by day, so the company was not in a position to clean its lab. Regarding the capabilities that are owed to entities that periodically provided financial accommodation for them, the Company Judge in their judgment held that it was fair and fair to terminate the Company that the Supreme Court It was not intercepted by.

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