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I .F .C. vs Hala Spinning Ltd.

CitationReview Later
CourtSecurities and Exchange Commission of Pakistan
Case No.Final Report No.12
Date-
Judge(s)Mohammad Sayeed Akbar
ResultN/A

The company was ordered to be wound up vide order dated 23_12.1999_ The J.0,1_,s, have submitted their final report No.12 stating that the entire sale proceeds of the assets of the company have been distributed among the creditors and profits have also been distributed among them.

The affairs of the company have been completely wound up and nothing further is to be done.

Prays for dissolution of the company.

2. Since the affairs of the company have been completely wound up. Nothing further is to be done_ No known assets of the company are teft The J.O.Ls. state that a sum of Rs./1401/- is there in the liquidation account The Bank_ has closed the liquidation account and handed over a cheque of the said amount to CIRC. The said amount may be retained by the CIRC. The company is ordered to be dissolved. A copy of this order shall within fifteen days of this order be forwarded to the Registrar, who shall make in his books a minute of the dissolution of the company_ The Books of the company shall be kept intact for one year. The closed. liquidation account already stands/All C.Ms. and reports stand disposed of

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