Law: Companies Ordinance, 1984

Section: 38

Law: Securities and Exchange Commission of Pakistan Act, (XLII of 1997)

Section: 33

Companies Ordinance (XLVII of 1984)--- ----S. 38---Securities and Exchange Commission of Pakistan Act (XLII of 1997), S. 33---Rectification of name of company---Assistant Registrar of the Companies (SECP) observed that companies were inadvertently registered, as same bore close resemblance with the name of already registered Popular Group of Companies---One of the said (popular) Companies applied the Securities and Exchange Commission to direct the said companies to change their names; competent authority directed the companies to change the names of companies within 30 days---Validity---Important aspect of the case, which was necessary for the just adjudication of the matter, having not been taken into consideration by the Assistant Registrar (SECP) case was remanded to him to consider and evaluate the case by calling both the parties along with relevant record and witnesses to support their claim, and decide the matter afresh within sixty days of the order. Sialkot International Container Terminal Limited through Company Secretary v. Ms. Sidra Mansur, Joint Registrar, Company Registration, Appeal No. 34 of 2015 rel. THIS ORDER PASSED BY: ZAFAR ABDULLAH, COMMISSIONER (SCD).---This Order is in the matter of Appeals Nos. 59 to 83 of 2016 filed under section 33 of the Securities and Exchange Commission of Pakistan (Commission) Act, 1997 (SECP Act) against the order (Impugned Order) dated 27/07/16 passed by the Respondent No.1. 2. The brief facts of the case are that on perusal of record, it was observed by the Respondent No.1 that Popular Farms (Pvt.) Ltd., Popular Switchtech Ltd., Popular Restaurants Ltd., Popular Solvents Ltd., Popular Water Tank Ltd., Popular Packages (Pvt.) Ltd., Popular Fans Pvt. Ltd., Popular Tyre Ltd., Popular Sweets (Pvt.) Ltd., Popular Snacks Ltd., Popular Developers (Pvt.) Ltd., Popular Wires Ltd., Popular Tape Ltd., Popular Cash and Carry Ltd., Popular Ceramics (Pvt.) Ltd, Popular Furniture (Pvt.) Ltd., Popular Clothes Ltd., Popular Mobile (Pvt.) Ltd., Popular Builders Ltd., Popular Cement Ltd., Popular Lawn (Pvt.) Ltd., Popular Aluminum Ltd., Popular Flours (Pvt.) Ltd., Popular Sports Ltd., and Popular Icecream Ltd. were inadvertently…

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/digixyei/sldsystempk.com/view/master-layout/view_case.php on line 492