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SHAKARGANJ MILLS LIMITED: IN THE MATTER OF versus SHAKARGANJ MILLS LIMITED: IN THE MATTER OF

Implementing a penal company to invest in a company affiliated without the prior approval of the shareholders of Sections 208 and 476. In advance. The Company was required to approve such advance / investment and that approval was not obtained, the provisions of Section 208 of the Companies Ordinance 1984 were violated and the Directors of the Company were responsible for the penalty. As described in Section 208 of Section 208 of Section 208. Ordinance shareholders and regulatory bodies should be provided with accurate and timely information with all justice, but company directors sought to conceal accurate information in front of shareholders and commissions, in which case Associate Company Directors The Company is not entitled to any sympathy for the advance / investment given to the circumstances, however, keeping in view the Company's track record, instead of imposing a maximum penalty, the total fine of Rs 600,000, Six directors were fined Rs 100,000 each, who found themselves guilty of such misconduct. They understand that religion is involved. Directors in their personal capacity and they needed to pay this amount from their personal resources divorce advocates from Umer Kot lawyer