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IN THE MATTER OF: HASEEB WAQAS SUGAR MILLS LIMITED versus IN THE MATTER OF: HASEEB WAQAS SUGAR MILLS LIMITED

In accordance with the provisions of section (1) of section 151 of the Company Ordinance, 1984, the Company Ordinance, 1984, against the Company and its Directors default in conducting the meetings of Sections 170, 171, 305 and 476 And a penalty action against its directors was launched. The Companies Ordinance 1984 had to hold its annual general meeting, but it failed to hold such a meeting. Will not be infringed. Allow the Company and its Directors to postpone the Annual General Meeting; non-holding of the Annual General Meeting discourages the shareholders from exercising their powers as required by the shareholders' stability and the Company is required to comply with Company Ordinance 1984 5 170 was directed by the Commission. Conducting the Annual General Meeting Within thirty days of the launch of the Annual General Meeting, a forum of an organization was a forum where boards, executives and shareholders participated to discuss the company's key issues. There is a forum in which the management of the company gives an annual account and evaluates the shareholders and, if necessary, exercises various options. These were the basic requirements which were met at the annual general meeting under section 170 of the Company Ordinance, 1984. Commission directives in relation to the need to hold annual general meetings within a fixed period, Mpny was said in response to a letter by the Commission directed the company to define its position on these directions pakistani advocates Fort Abbas lawyer