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MUBARIK DAIRIES LIMITED: IN THE MATTER OF versus MUBARIK DAIRIES LIMITED: IN THE MATTER OF


Failure to prepare and dispatch of company ordinance, section 245 of 1984 under the provisions of section 245 of the Ordinance of section 245 companies, required to prepare and move the members of the company as well as the Registrar and Commission The pass file was to be filed in quarterly accounts for the corresponding quarter. The showcase notice was issued to the company after failing to file the account within the stipulated time. The relevant quarterly accounts could not be finalized before the completion of the annual accounts and the matter is requested to be postponed until the annual accounts are finalized. The monthly accounts could not be finalized, the proper reason for the default justification, because the preparation and circulation of the annual and quarterly accounts were two separate and separate requirements of the law. The Registrar should have made the necessary arrangements to provide the information and file it with the Registrar. Accounts could not be prepared / filed due to financial crisis; within the stipulated time period of this company, there was no compelling reason for justifying non-compliance with the legal requirements. Will be considered the default. The preparation and quarterly rotation of the eyes taw a ccounts was one of the essential requirements of the law and directors should make serious efforts to ensure compliance with the provisions of law default under section 245 of the Companies Ordinance 1984. circumstanc

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