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MUHAMMAD IQBAL versus RAZAK (PVT.) LTD., KARACHI


Section 305 was the petitioner's motion to adjourn the shares of the company - along with the family as well as the respondent's family, and this association did not proceed because of the differences between them and the allegations leveled against each other. Ski The extent of the shareholding was not satisfactorily rejected by the respondents although it was claimed that the shares were transferred by the applicants, but allegedly, despite the fact that the company was owned by it. However, no proof of payment was shown. Of the land which was the relevant factor in determining the value of the shares, the plaintiff's dispute was not supported by any legal submission to the Registrar of Companies, while the Registrar did not provide the applicants with their comments. The holding was confirmed, in view of the auditor's report, that there was no reason why the company should continue. The High Court ruled that the Compa ny be wounding Official Assignee, in the circumstances, to eliminate the claims of the parties' company. Was appointed as a leukator whose request was not discussed, verified by the official lecturer Should be examined.

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