MRS. SYMA MAHNAZ VAYANI versus MOLASSES EXPORT COMPANY PVT. LTD.
Sections 305, 306, 314, 152 and 79 of the Company Grounds on which a Company may be injured Scope Petitioners, the legal heirs of the designated shareholder and the Director of the Plaintiff Company, sought to cover the Company on various grounds, including The dead were not transferred to the applicants. That the defendants were illegally receiving funds from the company and that the assets of the company were being sold illegally. Valdity Petitioners have acknowledged that they hold 16 72% stake in their name which has not yet been transferred to their names and the applicants have not faced any delay in the matter. The allegation that the company is conducting its business with its members unjustly, nor on the basis of which the applicants filed a summons petition, is the transfer of the shares to the applicants under section 305 of the Companies Ordinance; Not available for. , 1984; and said that the applicant's complaints were to be dealt with by the Companies Ordinance & 79 & 15 by 2 of the 1984 Act, 1984 1984, the petitioners alleged that the company had applied monthly with the applicants and other shareholders as per family management. The division has stopped, which said that the allegations could not be considered ground. The task of concluding the company, especially since no other stakeholder came forward to support this charge, in the present case, given the applicant's position, it cannot be said that the applicants were excluded from the management of the company. Was made and there was a deadlock in the company's management or a condition of unreliable trust which the defendant had given to the company.
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