TRADING CORPORATION OF PAKISTAN (PVT.) LTD. versus MERCHANT AGENCY
A. XXIX, R1 LA Reform Ordinance (XII of 1972), Section 3 The High Court dismissed the suit for the recovery of the appellant / company on the ground that the High Court was unable to uphold the law because the appellant / No resolution was approved by The Company's Board of Directors was authorized to file a lawsuit on behalf of the Company Pursuivale to note on the Company's internal file, stating that its directors, including the Company's then Chairman Had given the filing its respective approval. It was only after such approval that the Articles of Association of the Company provided a minimum quorum for the meeting of the Board of Directors, a recovery case was filed against the respondent, two directors will be here. Even if no formal meeting of directors has been convened to approve the requirement. The approval of the resolution of three directors, including the chairman, can be considered a solution by circulation under the Articles of Association of Companies. Or the issue of filing a recovery suit, although no formal contractor was approved at a meeting to file a recovery suit against the respondents, but there was a need to approve the number of directors who filed the case. Allowed, officially, can only be treated as a technical error, which, under certain circumstances, could not be counted as an unforgivable defect, leaving the judgment and injunction set aside. Was \ r \ n \ r \ n
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