FARAN SUGAR MILLS LIMITED versus
Failure to transmit notice of abnormal general meetings of Articles 246 and 476 Failure to transfer notice of extraordinary general meetings on two dates to the Securities and Exchange Commission in a manner prescribed in Circular No. 5 of the Failure of Impact of 2002 under the implementation of the fine I was unsuccessful. Moving the notice states that the meetings can be considered, by the Commission's chief executive and the company secretary, to attempt to conceal accurate and timely information about an important transaction, through their repeated errors. , And was himself held responsible for the culprits action. In view of the provisions of section (2) of section 346 of the Companies Ordinance, 1984, the notice of extraordinary general meetings was sent to the shareholders within a fixed period and this was also published in the newspapers in compliance with the sub-section. Was. 7) Section 159 of the Companies Ordinance, 1984; the Chief Executive and Secretary of the Company were fined a total of Rs. 5,000 for having a decent view.
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