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IN THE MATTER OF: LIBAAS TEXTILE LIMITED versus IN THE MATTER OF: LIBAAS TEXTILE LIMITED

Falsification of Accounts Audits of Sections 492 and 476 Company Accounts For the relevant period, the Company's annual accounts penalty examination revealed that the auditors said that the accounts were not signed by the Company's auditors. Upon further investigation it was found that auditors did not issue audit report due to non-availability of approved accounts and information / documents on some important matters, Companies Ordinance, 1984 Companies Ordinance under the provisions of 1984 It was the duty of the Company's Directors to supply the information / documents required under this Agreement. Auditors so that they can submit their report, but this is not done, unless instructed by the Commission, which shows the negligence of the Directors of the Company, informed of the facts at the time of the issuance of the Directors Account. And the notice of the meeting, however, despite the fact that the auditors had only issued a preliminary report, the commission and shareholders were presented as auditors \ reports and as an audit account. The conduct of directors is, in the circumstances, intentional misrepresentation, in addition to the daily operation and management of the company. The directors also confirmed that in his business, there were certain duties and it was said that violation of legal duties would be a criminal offense, he could be punished by fine or imprisonment directors, see in the present case. Failure to perform his duties with care and skill, but the default of directors was established, but the directors' consideration - the assurance and reality of strict law enforcement in the future. immigration advocates contact from Tharparkar lawyer