Section 208 Unauthorized Investing in Affiliated Companies or Affiliated Businesses The Enforcement of the Penalty Company Gave Its Affiliates Extraordinary Trade Credits with and without Return of the Special Contract, which is the Companies Ordinance 1984 The provisions of section 208 are negligent. Following the violation of section 208 of the Companies Ordinance, 1984, the directors of the company were responsible for the penalties set forth in section (3) of section 208 of this ordinance, however, in view of the fact that the company made a loan. Was recovered. , The director was relaxed and instead of imposing a maximum fine of Rs one lakh on each director, each director was fined Rs 1 lakh.
Related judgments — Securities and Exchange Commission of Pakistan, 2010