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IN THE MATTER OF AUTO OILS LTD. versus IN THE MATTER OF AUTO OILS LTD.

Sections 387 (5) and 359 voluntarily submit to the Company the powers and responsibilities of the Loader in the Voluntary Direction Request by leukocyter for an extension of time to submit a dissolution / liquidation report after a period of approximately one year and eleven months. 387 (5) provision of the Companies Ordinance of 1984, was declared compulsory and disobedience committed the disobedience of the law provided serious consequences for the invalidity of the act, which ended the legality period. Nearly a year after it was discovered. No extension was sought at the relevant time and permission to extend the period was sought, because it came out of the scope of section 387 (5), the Companies Ordinance, 1984 High Court refused to approve the extension and requested Deleted the rules. online advocate from Guddu lawyer