MANSUR KHALID BAGHPATEE versus COMMISSIONER (EMD) SEC
Section 33 Companies Ordinance (XLVII of 1984), Sections 158, 233, 245 and 246 Failure to hold annual general meeting, preparation and delivery of annual accounts, penalty on Appellant Company and its directors in half-yearly accounts and quarterly accounts The appeal was fined. After the executive gave them the opportunity to hear show-offs on their errors in issuing showcase notices and conducting annual, half-yearly and quarterly accounts and conducting annual general meetings, delivery orders were passed. ? This controversial order was called prejudicial because the commissioner took a strict view, not supporting any evidence was invalid, in connection with the penalties imposed for violation of section 158 of the Companies Ordinance, circular 1984 was issued, But it was unclear who this is legally by the companies violating the conditions for circulars and the notice of appellants required for them. The general meeting was actually published in two newspapers for the relevant year. It was necessary to explain the exact violation committed by the appellant and then, after considering the merit, be fined. Appellants were ordered to be fined for violation of Section 158 of the Companies Ordinance, 1984. For failure of the Company to prepare and dispense annual accounts, the Appellants submitted a letter to the Executive Director, submitting the accounting, the penalties imposed by the Commissioner under section 233 of the Companies Ordinance, 1984, for the relevant year. Was set aside, the appellants could not produce any evidence. Prove that they account quarterly within the extension period
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