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NAZMEEN SHAFI versus SINDH TRAVEL SERVICES (PVT.) LTD. THROUGH MANAGING DIRECTOR


SECTION 9 company9 In the application for termination of the company, under the parties' request for a compromise, under Rule XX XXIII, R 3 CPC submitted that the parties arrived at the settlement and resolved their dispute with ease. Resolved, in terms of: the cost to which the defendant had paid the petitioner; and upon the said payment, the defendant had become the sole and absolute owner of the company's shares which the applicant had Paid the claim to the petitioner, it terminated any claim in relation to the shares and / or the shares. And the application for a settlement of the case against the company's assets or the respondents or a director of the company was approved

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