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BESTWAY CEMENT LIMITED: IN THE MATTER OF versus BESTWAY CEMENT LIMITED: IN THE MATTER OF


Section 208 The approval of the relevant companies and shareholders in connection with the loans / advances already made, in addition to the approval of the relevant fine company, without the compliance of the law, in connection with the investment, the loans / advances granted to its subsidiary. And authentication is also sought. Given the sub-section of Section 208 (1) of the Companies Ordinance, 1984, a special resolution is required for a company to pass an investment before it can invest in related companies or businesses and validate such investment. However, the company-provided explanation is not considered reliable. And it has been observed that the companies did not comply with the mandatory provisions of section 208 of section 208 of the Ordinance 1984, whereas the companies under subsection of section 208 of the ordinance 1984 were violated pre-conditions, under section 208. The directors of the company provided were responsible for the fines. 3) Companies Ordinance, 1984 Giv The benefit of the fact is that the company received large sums of money in every respect, instead of imposing a maximum fine of Rs. 10,000,000 on each director, 1 on the company's chief executive. A fine of Rs.

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