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CLIMAX ENGINEERING COMPANY LTD. versus EXECUTIVE DIRECTOR (COMPANY LAW), SEC

Section 160 (1) (b) and 265 Securities and Exchange Commission of Pakistan Act (XLI of 1997), Section 33 The management of the sale of land for the appointment of a company inspector by a company whose shareholders are to be obtained. ? Through a special resolution to liquidate the company's additional land, and building, etc., but the Enforcement and Monitoring Department directed the company not to proceed in connection with the sale of land, etc., and advised the company to provide some information. , While the statement of facts is required under facts 160. (1) (b) The Ordinance of Companies, 1984 does not require the information of the Executive Director, after issuing showcase notices and giving the company a hearing, the inspector is appointed to investigate all aspects of the company's work. Which was challenged in the order. The Inspector's destiny was designated solely for the reasons that the Enforcement and Monitoring Department had seen the sale of the land, and no basis for doubt was reached to reach this company and it concluded. It was stated that there were circumstances which suggested that any basis mentioned in section 265 (b) of the Companies Ordinance, 1984. top advocate from Phoolnagar (Bhai Pheru) lawyer