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

Failure to prepare and submit their quarterly accounts to Sections 245 and 476, the implementation of the penal company which was required to prepare and transfer the members under Section 245 of the Companies Ordinance, 1984, as well as to the Commission. I also needed to file my quarterly accounts, which failed to work as scheduled. The showcase notice was presented to the company's chief executive and other directors of the company's investors / shareholder protection; one of the primary objectives of the Companies Ordinance 1984 was to protect the interest of investors if they were saved and Will invest. Their interest can be protected by the delivery of timely, appropriate and meaningful information, and these were annual and interim accounts that could provide investors with information about company default matters in quarterly account preparation and delivery and It was considered deliberately that the chief executives and directors failed to protect the interests of the evil The company's holders and the company's track record in terms of quarterly and annual account filings were not satisfactory, Section 245 of the Companies Ordinance 1984 In relation to non-submission of quarterly accounts under section 2 (1) of the Act, Instead of imposing the wind, however, a maximum of Rs 100,000 was imposed on each director, Rs 30,000 on the chief executive and Rs 20,000 on each director. when you need a advocate from Lala rukh lawyer