SMITH KLINE AND FRENCH OF PAKISTAN LTD. versus SPENCER & CO. (PAKISTAN LIMITED)
Companies Ordinance 1984 Sections 305 and 307 Failure to Pay Company Liability The company deliberately failed to pay the money for which they were not only legally responsible for the payment, but which made them responsible for the company, a Is recognized as a public limited company and has substantial assets. To satisfy the defendant's statement of his obligation that he is willing to submit the required amount within three months, the court ordered the company to be terminated and that the company be injured. The official levidator will be appointed. On the condition that the order to terminate the company will not be effective for two months
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