Failure to hold the Company's Annual General Meeting of the Fines in Sections 158, 170, 171 and 476, which required its annual general meeting to be held within the stipulated period for the relevant year, failed to do so; Directed by The Ordinance of Companies to Demand the Annual General Meeting, Section 170 of 1984, but the Company said that the Directive Annual General Meeting was a forum where investors independently discussed the key issues related to the approval of accounts, appointments, Could communicate and vote. Auditors, selection of directors, etc., but the company's directors did not comply with such mandatory rules after the default was established, the company's chief executive was fined Rs 10,000.
Related judgments — Securities and Exchange Commission of Pakistan, 2011
