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RECOVERY OF TENDERABLE GAIN versus


Section 224 Companies (General Provisions and Forms) Rules, 1985, R16 Trading Directors, Officers and Principal Shareholders of the Company purchased shares of the receivables issued by the Receiving Company and made such transaction in less than six months. What happened to that account? The Transaction Company, however, has not reported the receipt of the proposed return of profitable property filed by the Commission to the Commission, nor has it been reported to the Commission under section 224 (2) of the Companies Ordinance The tendering or rehabilitation of 's has been reported to the Commission. , 1984 Companies Ordinance, Section 224 of 1984 did not prohibit the beneficial owner from buying and selling or selling or selling transactions in less than six months, but provided only that the beneficial The owner was not entitled to retain it. The amount of the profits is made due to such transactions of the company representatives that the transaction ions did not attract the provisions of section 224 of the Company Ordinance 1984 because the first, the first method was adopted, The sale was made from a previous purchase, no good. Representatives' request to withdraw the notice was rejected and the company was directed to pay the tender money to obtain the Securities and Exchange Commission of Pakistan such as the Companies Ordinance. Is provided by Demand Draft in favor of the Commission for a specified period under Section 224 (2) of 1984.

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