DIAMOND INDUSTRIES LIMITED versus M. ZAFAR-UL-HAQ HIJAZI
Companies Ordinance 1984 Section 265 and 10 Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 33 Code of Conduct (Amendment) Ordinance (X of 1980), Section 15 Constitution of Pakistan (1973), Article 185 (3). The notice of company affairs was issued under section 265, Companies Ordinance, 1984, to show why the shareholders were not appointed as inspectors for the inquiry of the company on various grounds including non-payment of return. Should. Memorandum of Association etc. Company expenses, deviations heard the notice in the appeal before the Appellate Bench of the Security and Exchange Commission of Pakistan which was rejected but the company judge later vacated for leave by a High Court petition. Court of Appeals appealed. The Code of Conduct, the Code of Conduct (Amendment) Ordinance 1980, passed under Section 10 (2) of the 1984 Ordinance of Companies using the original civil jurisdiction of the High Court, is presented to the Division Bench of the High Court Order of 1980 Was, in the present case, governed under section 15, the Code of Conduct (Code of Conduct), because of the mutual co-existence in nature. The ordinance, 1980 against which the intra-court appealed before the Division Bench, was the only remedy for leave to appeal, was not heard and was discharged, which was rejected by the Supreme Court.
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