| Citation(s) |
|---|
| 2025 SLG 5223 2025 SLD 5223 = 2025 SHC 3195 |
Sindh High Court
J.C.M. No. 24 of 2019
Adnan Iqbal Chaudhry J.
Petitioner : Syed Saeed Ahmed son of late Syed Junaid Ahmed through Ms. Fareeda Mangrio, Advocate.
Respondents 1-2 : M/s. Mehran Oils (Pvt.) Ltd., and Shabbir Ahmed son of late Syed Junaid Ahmed through M/s. Shahenshah Hussain, Muhammad Hanif Faisal Alam and Syed Arshad Ali, Advocates.
Respondents 3, 5-8 : Nemo.
Respondent 4 : S.S.A.M. Qadri (Ex-Company Secretary) son of S.S. Mustafa Qadri, present in person.
Respondent 9 : Syed Saad Ahmed son of late Syed Junaid Ahmed through Mr. Saiyed Younus Saeed, Advocate. Dates of hearing : 13-03-2025, 06-05-2025, 15-05-2025 & 29-05-2025. Date of order : 05-11-2025
J.C.M. No. 24 of 2019
Adnan Iqbal Chaudhry J.
Petitioner : Syed Saeed Ahmed son of late Syed Junaid Ahmed through Ms. Fareeda Mangrio, Advocate.
Respondents 1-2 : M/s. Mehran Oils (Pvt.) Ltd., and Shabbir Ahmed son of late Syed Junaid Ahmed through M/s. Shahenshah Hussain, Muhammad Hanif Faisal Alam and Syed Arshad Ali, Advocates.
Respondents 3, 5-8 : Nemo.
Respondent 4 : S.S.A.M. Qadri (Ex-Company Secretary) son of S.S. Mustafa Qadri, present in person.
Respondent 9 : Syed Saad Ahmed son of late Syed Junaid Ahmed through Mr. Saiyed Younus Saeed, Advocate. Dates of hearing : 13-03-2025, 06-05-2025, 15-05-2025 & 29-05-2025. Date of order : 05-11-2025
[Syed Saeed Ahmed
VERSUS
M/s. Mehran Oils (Pvt.) Ltd., and others]
Law: Companies Act, 2017
Section: 126, 127
THE HIGH COURT OF SINDH, KARACHI
[COMPANY BENCH]
Summary: The applicant filed an application under Section 126 of the Companies Act, 2017 for rectification of the members register of Mehran Oil Mills (Pvt.) Ltd., alleging that 600 shares of his deceased father, Junaid Ahmed, were fraudulently cancelled and transferred to Respondent No.2 (CEO). The Court found that the entries made on 30.09.2014 were unlawful and fraudulent, declared that the shares devolved to the legal heirs under Muslim personal law, and directed the Company to rectify the members register. The applicant was awarded costs, and a caution was issued to Respondent No.2 and the Company Secretary.