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MESSRS QAYYUM SPINNING (PVT.) LTD. versus SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN


Sections 309 and 305 Companies (Court) Rules, 1997, R55 Company voluntary winding up the company was closed to face losses and an unusual general meeting of the shareholders of the company voluntarily terminated the company. In which the company was responsible for a large sum of money. The bank and the Income Tax Department demanded that the bank's money be paid in installments in terms of the agreement, noting the Registrar of Joint in the Daily Newspapers in compliance with the Companies (Court) Rule 1997 R55 Advertisement given. Stock companies have filed objections to the disclosure charge against the company in connection with certain obligations of the lawyer of the applicant company banks that these obligations had already been cleared and the compensation paid And then after the company certificate, this responsibility was confirmed and added. In the event of such claim or liability from the proposed company, the same shall be payable, and will be paid by th e said company, with such actions, because the company Discontinued the business and the son in the bar, permission to wrap up and the liquidator was appointed \ r \ n \ r \ n

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