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NOOR SILK MILLS LIMITED: IN THE MATTER OF versus NOOR SILK MILLS LIMITED: IN THE MATTER OF

Failure to hold an annual general meeting under Sections 158 (1) of the Ordinance of Companies 158 and 476 Companies, which was required to hold its annual general meeting for the relevant year under Section 158 (1) of the Companies Ordinance. Failed to comply with mandatory supply, which is a hobby. Notice was submitted to the company None of the directors of the company could justify that the default directors merely stated that their accountant had left the job and the new accountant was not fully aware of the facts and thus the accounts There was a delay in finalizing the accountant's resignation The company's default directors were not responsible for the timely holding of the annual general meetings and should make necessary arrangements for the preparation of the accounts and accordingly the investors / shareholders Protecting the holders was a key objective. The Companies Ordinance, 1984, because these investors / shareholders provided badges for the capital farm, they would invest more to save the company if their interests were secured, under the circumstances, in a timely, Ensure the delivery of appropriate and meaningful information. Shareholders will have to provide information about the affairs of the company in annual and interim accounts, and the annual general meeting was a forum where they could freely discuss, discuss and comment on important matters, Section 158 of the Company's Ordinance, 1984 The directors of the Company failed to comply with the essential requirements of the law in connection with the timely holding of the annual general meeting default. Which supplemented section 158 of the Companies Ordinance, Section 158 of 1984 law firms from Nowshero Feroz lawyer