ADDITIONAL REGISTRAR OF COMPANIES SECP versus SPEEDWAYS FOUNMETALL (PAKISTAN) LIMITED
Sections 309, 305, 231, 261, 208, 195, 473 and 476 of the Securities and Exchange Commission of Pakistan Act (XLI of 1997), Sections 20 and 30 (6) (7) of the Unlisted Public Public Company by the Registrar The Company Securities and Exchange Commission of Pakistan Material, which is available on record for the application, has indicated that the permission to terminate the proceedings has been heard without the support of a company which could represent a hearing. That the affairs of any company have not been investigated but it was only on the inspection of the State Bank of Pakistan which was not authorized by the Securities and Exchange Commission of Pakistan. The company is an Art Listed Public Limited Company with no public funds involved and no one has complained to the public or proceeded against the affairs of the company. That the State Bank of Pakistan had only identified the company's irregularities but did not recommend for approval to submit an application for (company search) that the Registrar of Companies, in view of Section 231, Companies Ordinance, 1984 , Had no The books of the Company's accounts were not inspected nor required any explanation provided under Section 261, Companies Ordinance, 1984 and the powers under Sections 20 and 30 (6) (7) of the Securities and Exchange Commission of Pakistan. Also failed to use properly. Slate Hank's Report of the Act, 1997 and Pakistan reveals that a director of the company withdrew the money from the company which was returned, thus violating section 208, Companies Ordinance, 1984. And was responsible for fines, the Tire Securities and Exchange Commission of Pakistan
Related judgments — Karachi High Court Sindh, 2009
