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BARISONS (PRIVATE) LTD.: IN RE versus BARISONS (PRIVATE) LTD.: IN RE


Ordinance of Companies 1984 Section 97 At a meeting convened for this purpose, the special resolution of its shareholders was approved to reduce the capital company; It was requested that the company request a further declaration to confirm the reduction in capital. The court held that the lenders were not entitled to object to the reduction and that the company names for the period would be included in the wording and that the name could be limited to one year from the date of the court order whose notice is regularly Posted in the Gazette of Pakistan. And other newspapers were also presented to the Registrar, Joint Stock Companies and the incoming court did not have the right to approve any reduction in capital which was appropriate and equal and had the jurisdiction to exchange words. , Announced that special resolution has the effect of reducing capital. Company to be certified and to be included in a period of less than a word order such as praying for b y the applicant company.

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