ADDITIONAL REGISTRAR OF COMPANIES, KARACHI versus TRI STAR POWER LTD.
Sections 209 (b), 305, 309 and 320 apply for collateral detecting major losses in the company's balance sheet Audit report states that the company has been inactive and inactive for the last ten years, the last seven Failure to hold the annual general meeting of the company for years was approved by the Security Exchange Commission of Pakistan after hearing of such petition by the Additional Registrar of Companies against the Commission's order dismissing the company's appeal. Is. Applicants had extended the legal grounds for terminating the respondent / company, accepting such petition, appointed the Government Liquidator to submit a preliminary report under Section 329 of the Companion Ordinance 1984.
Related judgments — Karachi High Court Sindh, 2010