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INVEST CAPITAL INVESTMENT BANK LTD. versus SECP


Section 66, & 97 and Constitution 98 Constitution of Pakistan (1973), Article 199 Share Capital Capital Capital Reduction was sought under section 9 (1) (II) of the Companies Ordinance 1984, making it available Not to represent available assets. Such authorization was permitted by the Articles of Association of such company to reduce any liability in respect of paid-up capital without paying any share of capital without a share of the capital. Do not include. There was no objection to this petition for reduction of share capital under section 97 of the Companies Ordinance, 1984 and all the steps and procedures complied with under section 9, 97 and 98 of the Companies Ordinance 1984, in the share capital The reduction request was granted and the High Court granted petitioner's permission to reduce the share capital

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