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A. REHMAN versus TEHSILDAR, LAHORE


The Companies Act 1913 Section 2 (2) is a separate entity from the company shareholders and directors and the responsibility of the company cannot be personally delegated to its directors while determining that the amount requested in the application is obligatory. Elda, who was otherwise the Managing Director, has no personal obligation to make such payments, no opportunity has been heard that the proceedings against the applicant were not sustainable.

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