Sections 284, 285, 286, 287 and 288 A meeting of shareholders and lenders of the two companies. The government was the primary shareholder of a company divided with Pakistan and that company was the sole shareholder of another company to be merged. The applicant had submitted that the shareholders did not need any approval or even notice as the government should implement the scheme arrangements as Pakistan. , The central shareholder had decided to merge and merge one applicant company into another applicant company. All formal proceedings were completed and no objection was received from any quarter, ie the government of Pakistan was required and the government had already approved, therefore, there was no barrier against the merger of the two companies. Approved the scheme of arrangements for the proposed merger of the companies
Related judgments — Karachi High Court Sindh, 2009