SPECTRUM FISHERIES LTD. versus PICIC COMMERCIAL BANK
Companies, along with sections 284 and 288 of the 1984 Ordinance, 1984 and 288 and 288, offer the scheme to discharge the borrower's obligation, requiring the lender to approve the scheme from 3/4. In view of this, the government official appointed the meeting chairman and 60 percent of the creditors as the meeting's quorum. The official responsible presented a report after the meeting of the lenders, stating that the lenders opposed the scheme, the petitioner's lawyer did not dispute the position, the official ascension. Dismissed the application, keeping in view the fact that the scheme was not approved by the lenders in accordance with the law \ r \ n \ r \ n
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