Section 246 publicly listed companies were required to submit annual returns in Form A of Schedule III of section 156 of the Company Ordinance, 1984, and additional information about the sample of members' lists (annual returns) was available at the Head Office. Within the stipulated timeframe, the Commission did not claim that the Annual Return Commission, along with the Commission for the Annual General Meeting, held in 2011, should provide the company with documentary evidence explaining this predetermined issue. What is demanded, so that action can be taken. It will not be prosecuted under section 246 (2) of the Companies Ordinance, 1984, because the authorized representative of the company has stated that the annual return was entered and approved by the relevant company registration office. A copy of the receipt was promised. In this regard, the authorized representative of the Registrar, in the circumstances, discontinued the application process The Company correctly claimed that the timely filing of the Annual Return with the Company's Commission Place was accepted in the circumstances.
Related judgments — Securities and Exchange Commission of Pakistan, 2012