IN THE MATTER OF: MESSRS MEHRAN SUGAR MILLS LIMITED versus IN THE MATTER OF: MESSRS MEHRAN SUGAR MILLS LIMITED
Failure to pay to Provident Fund Trust Sections 227, 229 and 476, the implementation of the fine company did not pay to the Provident Fund Trust under the provisions of section 227 of the Companies Ordinance 1984, the purpose of the provisions of section 227 of the Companies Ordinance 1984 Had to secure. According to the amount collected from the company's employees as a contribution to the Provident Fund for the benefit of the company law employees, all the money has been made in support of the company as well as the employees, if it includes profit, contribution. Must be submitted within fifteen days. Investment in securities referred to in section (2) of section (A) to (C) of section 227 of the Companies Ordinance, 1984, shall be made when a company has a trust in respect of a provident fund. If set up, the company would have a responsibility to pay. From the date of the filing of the trustee within fifteen days of its own contribution to the compensation, the amount of money earned from the employees as trustee in the hands of a contributing company was in the Vicent Fund and it was assigned to the trustees in lieu of higher compensation. The company has to pay in time, such money cannot be stopped, the law did not allow any company to use the funds. The Provident Fund violated the requirements of section 227 of the Ordinance 1984 on the companies for non-payment by the Company for their commercial purposes and each of its directors was enforced under section 229 of the Company's Ordinance 1984 Company. The chief executive and the directors were instructed to cure the loss of the provident fund for non-payment.
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
🔍 Find a Lawyer
famous supreme court advocate from Talhur lawyer