HILBRO (PVT.) LIMITED versus EJAZ AHMAD CHATHA
The Companies Ordinance 1984 is reflected by the Section 31 Partnership Act (I32 of I32), the validity of the agreement between the shareholders and the agreement between the shareholders and the Articles of the Association. The confiscation of a member's share or the expulsion of a shareholder from the company by the company, the confiscation of a shareholder's fully paid shares was not permissible for the principles contained in the Partnership Act, 1932, which were applicable to a private company. The same applies to the fact that a company formed by members of a family was not even allowed to deport a member by the respondents - in case of confiscation of their shares by the company was not
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