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AMINUDDIN versus AZAD FRIENDS & CO.

The Companies Ordinance 1984 Sections 305 (e), (f) (iii) (iv) (v), 320 and 248 of the Company being unable to pay debt, mismanagement and declaration of profits in the company Neither the petition nor the balance sheet showed that there was any liability or any lender had initiated any action to recover the liabilities, except in the petition on record showing the ineligibility of Its assets far outweigh its obligations. According to this balance sheet, the largest lenders, the Bank of Company, opposed the request that the employees / union did not show any concern about the provident fund's liabilities, but the applicants to terminate the application bail. Borden was to confirm his allegations through credible evidence for the transfer. The burden of the defendants against the applicant's allegations, the applicants and the respondents had made several allegations against each other through affidavits, counter affidavits. None of the parties to the affidavit chose to examine the other lenders and shareholders, except that the applicant eliminated the difficulty to prioritize the wishes of the shareholders, while the other shareholders. The vast majority of is around 966. In the absence of any material on record, the applicant's allegations could not be accepted and any co-operation by the company's creditors was at the discretion of the Board of Directors, to indicate that nothing was available on the record. Was not used as such arbitrarily. The company did not present the case in the case of the High Court power of attorney advocate Shedani sharif lawyer