Law: Companies Act, 2017

Section: 135(1)

Law: Trade Organization Act, 2013

Section: 14(1) & 14(3)(g), 7(1)(c), 7(1)(g) & 8

Law: Trade Organization Rules, 2013.

Section: R.6(1)(h)

(a)    Companies Act (XIX of 2017)-------S.135(1)---Trade Organizations Act (II of 2013), Ss.14(1) & 14(3)(g)---Trade Organizations Rules, 2013, R.6(1)(h)---Pakistan Poultry Association---Annual General Meeting---Holding of adjourned Annual General Meeting (AGM) of Pakistan Poultry Association (PPA) on the same day without following the law and required quorum---Jurisdiction of Directorate General Trade Organization (DGTO) to issue direction to call AGM of PPA and to take cognizance of complaint filed by respondent---Scope---High Court ruled that DGTO had jurisdiction to take cognizance of respondent's complaint regarding non-compliance of the requirements of proviso to S.135(1) of the Companies Act by PPA---Provisions of Trade Organization Act, 2013 (2013 Act), give far-reaching powers to DGTO to oversee the activities and functions of a trade organization to ensure that they remain compliant with provisions of 2013 Act and 2013 Rules as well as the terms and conditions of their licences---Section 14(1) of 2013 Act provides inter alia that the affairs of a registered trade organization shall be managed and conducted in such manner as the Regulator may direct from time to time---Section 14(3)(g) of the 2013 Act empowers the Regulator to give directions to trade organizations in matters concerning 2013-Act or any rules or directives, made thereunder--Registered Trade Organization is required to conduct its affairs in accordance with and remain compliant with the requirements of the Companies Act, 2017--Directorate General Trade Organizations (DGTO) did not commit any illegality by requiring PPA to call an AGM in accordance with the law---Constitutional petition was dismissed accordingly.(b)    Trade Organizations Act (II of 2013)-------Ss.7(1)(c), 7(1)(g) & 8---Trade Organizations Rules, 2013, R.6(1)(h)---Failure of a company to get itself registered under the Companies Act, 2017---Effect--Trade organization renders its licence liable to cancellation where it fails to get registration as a company under the provisions of the Companies Act, 2017, or where it does not discharge statutory obligations as a limited…

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