Ultimate Law Resources : Database for Lawyers

(Companies) Ordinance, 1984

Topic Serial #	Content	Case Law
	PART - VIII
	REGISTER OF DIRECTORS AND OTHER OFFICERS
205	Register of directors, officers, etc
206	Bar on appointment of managing agents, sole purchase, sale agents, etc
207	Terms and conditions of appointment of managing agent
208	Investments in Associated companies and undertaking	Case Law
209	Investment of company to be held in its own name
210	Form of contract
211	Bills of exchange and promissory notes
212	Execution of deeds
213	Power for company to have official seal for use abroad
214	Disclosure of interest by director
215	Interest of other officers, etc
216	Interested director not to participate or vote in proceedings of directors
217	Declaring a director to be lacking fiduciary behavior
218	Disclosure to members of director”s interest in contract appointing chief executive, managing agent or secretary
219	Register of contracts, arrangements and appointments in which directors, etc., are interested
220	Register of directors” shareholdings, etc
221	Duty of directors, etc., to make disclosure of shareholdings, etc
222	Submission of statements of beneficial owners of listed securities
223	Prohibition of short selling
224	Trading by directors, officers and principal shareholders
225	Contracts by agents of company in which company is undisclosed principal
226	Securities and deposits, etc
227	Employees” provident funds and securities
228	Right to see bank receipts for money or securities
229	Penalty for contravention of section 226, 227 or 228
	PART - VIII
	ACCOUNTS
230	Books of account to be kept by company	Case Law
231	Inspection of books of account by registrar, etc
232	Default in compliance with provisions of section 231
233	Annual accounts and balance-sheet	Case Law
234	Contents of balance-sheet	Case Law
235	Treatment of surplus arising out of revaluation of fixed assets
236	Directors report
237	Consolidated financial statements
238	Financial year of holding company and subsidiary
239	Rights of holding company’s representative and members
240	Balance-sheet of modaraba company to include modaraba accounts, etc
241	Authentication of balance-sheet
242	Copy of balance-sheet to be forwarded to the registrar
243	Right of member of company to copies of the balance-sheet, etc. and the auditor’s report
244	Penalty for improper issue, circulation or publication of balance-sheet or profit and loss account
245	[Quarterly] accounts of listed companies
246	Power of Authority to require submission of additional statements of accounts and reports
247	Rights of debenture-holders, etc., as to receipt and inspection of report, etc
248	Certain restrictions on declaration of dividends
249	Dividend to be paid only out of profits
250	Dividend not to be paid except to registered shareholders or to their order or to their bankers
251	Period for payment of dividend
252	Appointment and remuneration of auditors
253	Provision as to resolutions relating to appointment and removal of auditors
254	Qualification and disqualification of auditors
255	Powers and duties of auditors
256	Reading and inspection of auditors” report
257	Signature on audit report, etc
258	Audit of cost accounts
259	Penalty for non-compliance with provisions by companies
260	Penalty for non-compliance with provisions by auditors
	PART - VIII
	POWER OF REGISTRAR TO CALL FOR INFORMATION, ETC
261	Power of registrar to call for information or explanation	Case Law
262	Seizure of documents by registrar
263	Investigation of affairs of company on application by members or report by registrar	Case Law
264	Application by members to be supported by evidence and power to call for security
265	Investigation of company’s affairs in other cases
266	Inspector to be a Court for certain purposes
267	Power of inspectors to carry investigation into affairs of associated companies
268	Duty of officers, etc., to assist the inspector
269	Inspector’s report
270	Prosecution
271	Power of Authority to initiate action against management
272	Effect of Court’s order
273	No compensation to be payable for annulment or modification of contract
274	No right to compensation for loss of office
275	Application for winding up of company or an order under section 290
276	Proceedings for recovery of damages or property
277	Expenses of investigation
278	Inspector”s report to be evidence
279	Imposition of restrictions on shares and debentures and prohibition of transfer of stares or debentures in certain cases
280	Saving for legal advisers and bankers
281	Enquiries and investigations not to be affected by winding up, etc
282	Application of sections 261 to 281 to liquidators and foreign companies
	[PART--VIII-A
	NON-BANKING FINANCE COMPANIES PROVISIONS AS TO ESTABLISHMENT AND REGULATION OF NONBANKING FINANCE CO
282	282-A Application of this Part
282	282-B Power to make Rules
282	282-C Incorporation of NBFC
282	282-D Power to issue directions
282	282-E Power to remove
282	282-F Power to supersede Board of Directors
282	282-G Power to require to furnish information, etc
282	282-H Special Audit
282	282-I Inquiry by the Commission	Case Law
282	282-J Penalty for failure, refusal to comply with, or contravention of any provision of this Part
282	282-K Penalty for making false statement, etc	Case Law
282	282-L Procedure for amalgamation of NBFCs
282	282-M Punishment and adjudication of fine or penalty
	PART--IX
	ARBITRATION, ARRANGEMENTS AND RECONSTRUCTION ARBITRATION
283	Power for companies to refer matters to arbitration	Case Law
284	Power to compromise with creditors and members	Case Law
285	Power of Court to enforce compromises and arrangements	Case Law
286	Information as to compromises or arrangements with creditors and members	Case Law
287	Provisions for facilitating reconstruction and amalgamation of companies	Case Law
288	Notice to be given to registrar for applications under sections 284 and 287	Case Law
289	Power and duty to acquire shares of share-holders, dissenting from scheme of contract	Case Law

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