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CENTRAL COTTON MILLS LTD. versus NAVEED TAXTILE MILLS LTD


Ordinance of Companies 1984 Section 208 (1) Purpose and scope of section 208 (1) Sec 208 (l), Provision of effect of Ordinance of Companies, 1984, transfer of shares of company for immovable purposes, delays that the company Nobody will invest in any of this. Except for related companies or affiliated agreements that identify the nature and quantity of investment and the terms and conditions associated with this resolution, the plaintiff had no new investment from the plaintiff but There was a transfer of current investment from the claimant to the claimant shareholders. Such a transfer cannot be considered a new investment in the defendant's company, but rather a deregulation that was outside the scope of section 208 (1), Companies Ordinance, 1984.

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