SECTIONS 284 TO 288 OF THE COMPANIES ORDINANCE, 1984 versus
Approval of the merger scheme of Sections 94, 284 (2), 287 and 288 Companies, the petitioner approves the applicant's approval of the merger arrangements of the companies, while using the powers of the company judge, the correct point It was to look at whether the requirements were legal or not, and to determine whether the overall management scheme was reached by the majority shareholders and was in fact for the benefit and the shareholders. The interest of the entire company was to see if such a scheme was fair or reasonable and the shares The claimants had considered the scheme for the benefit of the companies and the arrangement scheme was clearly reasonable for themselves and the members of any lenders and / or applicant companies did not oppose the application. And seemed to file / provide a certified copy of the Approval Order without prejudice to the rights of the lenders under the section 287 (3) of the Companies Ordinance 1984, before the Registrar of Companies of the scheme NG, a requirement of notice was presented under section 94 of the Companies Ordinance 1984, the scheme itself approved Submit a certified copy of the order is irrelevant and unnecessary. It was noted that under Section 287 of the Companies Ordinance 1984, not only was the investment invested with the power to approve / approve the scheme of arrangements, but also the direct increase / increase in the authorized share capital of a company. Application was allowed under
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