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HONDA ATLAS CARS (PAKISTAN) LIMITED: IN THE MATTER OF versus HONDA ATLAS CARS (PAKISTAN) LIMITED: IN THE MATTER OF

Unauthorized investment in the actions associated with the section 208 company, in violation of the provisions of section 208 of the Companies Ordinance, 1984, unauthorized investment in related actions with the company chairman, chief executive officer and directors. Penalty action against us started. The notice was issued to the company and, in response, the company requested that the investment be made as per its advice as the company's representatives asked whether the application of section 208 of the Company Ordinance, 1984 The advice was obtained before investing, acknowledging that such advice was obtained after investing in representative questions, however it was claimed that the investment would help the company pay any revenue. There has been no loss of investment and no investment has been made. The valid reason for violating the essential provisions of the law by irregular investment in the act of investing in the act of investing in illicit investment is that of the competent chairman, the company's chief executive and directors. Was in violation of the provisions of section 208 of the 1984 Ordinance of Companies and in the relevant concerns, due diligence was not exercised during the financial investment, however, it appears that no There is no financial loss, instead, sub-section (3) of section 208 of the Companies Ordinance 1984 Instead of being fined Rs. advocates from Khair Pur lawyer