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IN THE MATTER OF: MESSRS AYAZ TEXTILE MILLS LIMITED versus IN THE MATTER OF: MESSRS AYAZ TEXTILE MILLS LIMITED

Failure to prepare and dispatch of Sections 245 and 476 Company Quarterly Accounts, the Company was required to pay a fine under the provisions of Section 245 of the Companies Ordinance, 1984. The commission reduces its quarterly accounts, but the company fails to do so, protecting the company's investors / shareholders, the ordinance of the companies, was a primary objective of 1984, if the interests of investors / shareholders were secured. Those who provided the seeds for capital formation, they would save and the interest of the more invested shareholders / investors was secured through timely, appropriate and meaningful information delivery Annual and interim accounts of the company. Head over company default issues in preparing and submitting required quarterly reports This is said to provide information. It may be deliberately and deliberately required that the Company's directors fail to protect the interests of the Company's shareholders in connection with the filing of the Chief's annual and quarterly accounts, and the penalties imposed on the former Defaulters Directors were also unsuccessful in submitting. The directors had established that they had no respect for the law and had deprived shareholders of their legal rights to receive the company's default quarterly account, instead of issuing and imposing a notice of cause. The company was fined after being offered a chance to. Each director has a fine of Rs one lakh and a fine of Rs 1,000 a day on permanent default, according to which each director has been fined Rs 20,000. immigration advocates from Machh lawyer