SANA INDUSTRIES LIMITED versus GOVERNMENT OF PAKISTAN
Section 3 and Scheduled Workers \ Participation Fund 5% of the company's profits for the financial year 1 10 1991 to 30 9 1992 were paid in such fund by such fund company till its payment in the year 1 16 1993 The same profit from 1991 was paid on 16 in 1993. ple ple that there was no interest payable on such profit during the nine-month grace period after the end of the financial year, in accordance with the provisions of Section 3 (2) of the Companies 'Profit (Workers' Participation) Act, 1968 That is, the company payable by such profit was allocated and allocated to this fund on the first day of the next financial year, ie, the year 1992, thereby delaying such additional period and the company's profit. There was no legal nexus between the obligation to pay interest on payment from. Under the Act, interest in such fund will be available from the following year onwards and after the year in which the scheme is applied to the company. Such scheme was applied to the company from 1 to 1992, thus, the company was responsible y claimed interest. \ R \ n
