COLONY TEXTILE MILLS LIMITED: IN RE versus COLONY TEXTILE MILLS LIMITED: IN RE
The Company's request for reference to the showcase notice upon receipt of an inquiry report related to the Securities and Exchange Ordinance 1969 Section 22 Inquiry Officer was that when it was approached by the government for financial assistance, the directors' interest reduction, mismanagement and planning. Was denied and it was claimed that the inquiry officer's justification was not the basis for the commencement of the proceedings as clear facts regarding misconduct were identified as a result of the inquiry, especially in the financial affairs of the company. Content was created on this site before it even started. The record said that the loss to the company was interesting and needed a thorough investigation so that there was enough substance to launch the proceedings against the company and there was nothing illegal in it.
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