Powers of the Company Court to enforce / approve the scheme of agreements and arrangements between the companies under Sections 284, 285, 286 and 287 Companies Ordinance, 1984, section 284, 285, 286 and 287 Companies Ordinance, 1984 scope petition Under sections 284 to 287 of the 1984 Ordinance of the Courts of the Court, the transfer company stated that the transfer of the shares of the sugar company to a transfer company to the transfer company against the issuance of shares of the transferee company in favor of the project. Wants approval for transfer scheme to Extraordinary general meetings about the objection of the Securities and Exchange Commission of Pakistan (\ SECP \) were unanimously approved by members of both applicants. 2010 and while the effective date was 1 10 2011, therefore, the companies' assets had to be re-evaluated and stock hectors were not assessed, so the arrangement scheme does not reflect the exact position of the assets. Arrangements had to be drawn between a parallel arrangement or a compromise scheme, and a common agreement between the parties was not to be compromised in this case. The inquiry was conducted by the court because they reflected the consent and mutual understanding of the parties and which was not generally considered by the court of law, to ensure that such a compromise was of public interest or law. Against, or against a third party, and this was not the case. The Court of Justice took the notice of the settlement and crossed the agreement and in the present case the issue of the scheme of arrangements was the same.
Related judgments — Lahore High Court Lahore, 2014
