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REGISTRAR OF COMPANIES versus PAKISTAN INDUSTRIAL AND COMMERCIAL LEASING LIMITED

Sections 290, 291, 292, 293, 294, 295, 230 (7) and 492 Lease Companies (Establishment and Regulation) Rules, 2000, RR 7 (1) (ix), (2) (xii) and 19 Prevention of atrocities At the request of Thames and the Registrar of Firms, as an officer of the Securities and Exchange Commission of Pakistan, a leasing company was charged that a special audit report revealed that the company's affairs were illegal. And are cheating. The persecution of the members and creditors and the public's profiteering, that the new directors of the company were not approved by the Registrar and in this connection three showcase notices were issued to the company under different provisions of the companies. Ordinance, 1984; that the company failed to take corrective action. That is, before the High Court's jurisdiction under the Ordinance 1984 of 5 290 companies, Company Tea provided all the opportunities required under the provisions of the relevant rules. That the Company violated R19 of the Leasing Companies (Establishment and Regulation) Rules 2001, in which the Registrar was provided to provide information. Sections 230 (7) and 492, Companies Ordinance, 1984 were also sought under which the petitioner sought the orders of the High Court under 5 290 of the Companies Ordinance 1984. This event is the first of its kind, the Registrar overcame the company's urge not to mobilize for the purpose of encouraging increased economic and financial activity, and the Board of Directors, including the Chief Executive, have called for these prayers. Reject all powers of the Board of Directors of the Company and the Chief Executive of the Company in the person appointed by the High Court best law firms from Samma Satta lawyer