INTERNATIONAL MULTI LEASING COMPANY versus CAPITAL ASSETS LEASING CORPORATION LIMITED
Sections 284, 287, 286 (1) and 160 (1) (b) Companies (Court) Rules, 1997, RR 55, 56 and 58 (b) In the present company, the merger / merger of the Duty of Court Companies of the two companies. The application for this procedure was followed and all steps were taken in accordance with the provisions of section 286 of Companies (Court) Rules 1987, Companies Ordinance, 1984 and RR 55, 56 and 58 (B), when the merger / collective scheme Was approved. The overwhelming majority of the members of the two companies, either personally or through proxies, were attending separate general meetings with the two companies for the purpose of considering the scheme, whether the court had to examine all these matters. The provisions of the Companies Ordinance, and andules comp, and the rules were made that the legal majority was doing well; This arrangement was reasonably reasonable and that there were situations when shareholders of the members considered the scheme, justified its approval, and there was no better chance for them to examine the court's decision. Not like a businessman owns the power of decision. Will work until the court has approved the scheme and passed the order in the present case, no one from the appellant company has come forward to object to the scheme on the grounds that it is not commercially valid. That when the appeal was filed. Apart from bald allegations, the question could not be handled on the piece of evidence is how many shares were transferred by the transfer company to the existing members of the transfer company and, in proportion or proportion to their current holding, solidarity under the scheme. , A complete bargain between the two companies and their members
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