Sections 92, 97, 284 and 287 Application for Approval of the Consolidated Scheme of Two Companies The scheme was unanimously approved by the members at the general meeting of the two companies and the issuance of any objection certificate through the creditors of the two companies and The objection to the scheme of the Pakistan Commission of Pakistan Securities and Exchange Commission of Pakistan regarding such approval is that, without the procedures set out in Sections 92 and 94 of the Companies Ordinance 1984, the merger of the formal capital of the merger companies Sections 284 and 287 Outside the scope of this Ordinance, Section 287 of the Ordinance is complete. The Code provides for window operations on matters relating to mergers and mergers, and Section 287 (4) of the Ordinance shall include the rights and powers of each definition of property and liabilities defined in the broadest terms, Subsequent to the order of approval by the High Court, the rights, property and liabilities of the Transfer Company will be settled. In the present case, the rights and property of the Transfer Company had paid the entire fee payable on its authorized capital derivative merger, Transfer company's authorized share capital will be the consolidated share capital of the transfer and transfer companies , Which was already required by both companies, had already complied with the required legal remuneration paid by both companies. Upon approval of such scheme, the transfer company may not be instructed to pay additional fees on the basis of additional authorized capital or under the procedure provided under section 92. Automation result of approval of ordinance of merger scheme by High Court automatically
Related judgments — Lahore High Court Lahore, 2010
