Sections 18, 21 (5) and 156 of the capital contributions by the shareholders ut legal term fund, distribution of the participant's income account statement ?? 10,000 of the sufficient funds for the relevant period of the company. The transaction / contribution of Rs. Shown to the Group Health of the company was refunded to the Fund Group Family for the total amount of the money given by the shareholder's fund, to the shareholders' fund of the company Rs 8,403,282. No further investment was available in group family law. The Company Family's contribution of Rs 10,000,000 for group health was not available for distribution to any other legal fund of the company, as there was no outstanding balance of capital contribution to the group family. , Which may have been distributed to another fund The Company had made its own right to recover the loss of its subsidiary from the excess of the other, and that too, section 18 (1) and section 21 of the Insurance Ordinance 2000 (5) The provisions of section 18 (1) of the Insurance Ordinance 2000, along with the insurance, require that the assets of the Legal Fund be used for use and use. Go The limit of this legal fund is to be distributed by the shareholders in any legal fund to any major fund by default under section 21 (5) of the Insurance Ordinance 2000, if no particular investment contribution is available. Is. Legal funds, then the assets / funds of this legal fund may not be divided into any other legal fund, even to meet the deficit contained in such other legal fund, Section 18 (1) of the Insurance Ordinance 2000 and The default of 21 (5) was established. Since the company's family group
Related judgments — Securities and Exchange Commission of Pakistan, 2015