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SHAIKH MUHAMMAD FAZAI, RAHIM versus ANDREW STAERMOSE

Section 494, 68, 69, 70, 86 and 146 Companies (Registration Offices) Regulations, 2003, R11 Foreign shareholders amended form to correct company records after canceling Form 3 submitted by the company Ministry of Finance has issued a directive to the Security and Exchange Pakistan Commission of Pakistan for increasing the amount of capital invested in the company's bank account and issuing business certificates, requested by local shareholders for the replacement of 3. The Company's foreign shareholders have received a sound report due to financial reasons. Accordingly, its financial and corporate structure was not accurate. The foreign shareholder company did not deposit the required amount of capital, the minimum purchase amount and the purchase amount of 100 shares as per the memorandum and articles of the company's association. I have submitted their names against the company. s Bank account Company's foreign shareholders did not qualify themselves to be shareholders of the company The High Court accepted the request as r \ n law firms from Madinah lawyer