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SHAIKH ABDUL WAHID versus COMMISSIONER (SMD & CLD)

Sections 20 (4) (g), 20 (6) (b) (g) and 33 listed companies (substantial acquisition voting shares and takeovers) Ordinance (CM of 2002), sections 3, 4, 5, 6 and On the appeal of the 25 violations takeover law appellant company, the common shares held in which Sugar Mill (U) owns 22% 44 shares, according to an agreement that the appellant said 61% of the company's total assets It was reported that 22 44% shares were sold. The appellant company had a share sale agreement with the UK-based company when it told the directors of the appellant company that the shares were sold to a UK company and also served as director of Sugar Mills (UK). And Sugar Mills (J) will sell 75 percent of its shares in Sugar Mills (U), which includes 22 44 44 percent of the shares acquired by UK company commissioners (securities market division) under acquired companies. Acquisition and acquisition of voting shares (read with Ordinance 2002, section 20 (4)). (G) and 20 (6) (B) and (G) Except for the Securities and Exchange C Pakistan Act of 1997, Sugar Mill (J) has been directed to pay its dues under the Purchase Agreement. Do not pay all or any part of, after the defective order prevented the appellant company from receiving the sugar mill (J) from the appellant company and its directors were not satisfied with the commissioner's search, he was present Appeal was filed, while the UK company and its directors did not challenge the unidentified order. The facts clearly showed that the matter was subject to takeover laws I have to stop and direct payment was an associate, but a necessary direction by the appellant company decided 44 22% immigration advocates email from Kurram Agency lawyer