| Citation(s) |
|---|
| 1977 SLG 914 1977 SLD 914 = 1977 PLD 814 |
Suit No. 318 of 1976, decided on 23rd May 1977.
Before Zaffar Hussain Mirza. J
A. K. Brohi and Khalid Anwar for Plaintiffs. Sharffuddin Pirzada with Sayed A. Shaikh for Defendants.
Haji SHARIF KHAN AND ANOTHER-Plaintiffs
VERSUS
Raja ABDUR REHMAN AND 6 OTHERS-Defendants
Law: Contract Act (IX of 1872)
Section: 19
Law: Companies Act (VII of 1913)
Section: 34,84
(a) Companies Act (VII of 1913)-
S. 84-Directors, appointment of-Minority-Minors not barred by law from holding shares in companies-Nor minors debarred from being appointed as Directors-Plaintiffs alleging to have been deprived of their share holding through duress and coercion but failing to estab lish such plea, held, have no locus standi to question appointment of Directors-Interest in company lawfully terminated-Persons thus losing interest-Cannot question functioning of company, having become strangers with no right to interfere with Management of company.