CAPITAL ASSETS LEASING CORPORATION LTD versus INTERNATIONAL MULTI LEASING CORPORATION LTD
Section 282L, Part VIII A [Sections 282A to 282M] (as amended by the Companies (Second Amendment) Ordinance (CXXIII of 2002) wef 15 11 2002) and 284 Schemes for merging non-banking finance companies, The jurisdiction of the High Court under Section 282 to approve such scheme was required by the L of Company Ordinance, 1984, a two-thirds majority in the shareholders' value, while under section 284, the High Court The jurisdiction was not exercised by Part VIII A of the Ordinance, but was still intact and could not be construed as merely evading it
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