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FAYSAL BANK LIMITED THROUGH ATTORNEY versus IRAM GHEE MILLS (PVT.) LTD. THROUGH CHIEF EXECUTIVE


Sections 127, 305 and 306 were obtained by registration of mortgage and charge of property in favor of the applicants under section 127 of the Ordinance, 1984 of the loan companies obtained by the company unable to pay its debts towards the company. Was. The Company acknowledges the outstanding dues by the Company in its letters to the Applicant that the non-payment of debt by the Company within thirty days, upon receipt of notice from the applicant, shall be inspected by the Company for court inspection. The Company's evidence of a legal return submission to the Balance Sheet and the Security Exchange Commission of Pakistan for the past three years will not affect the Company's ability to reasonably refuse its obligation to dispose of a debt-disputing debt. There will be no scope to resist and the Company's trade secret Nasi did not prove to present a properly audited annual balance sheet The company was commercially inactive and unable to pay its debts The High Court ordered the termination of the camp work in any case. \ R \ n \ r \ n

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