BENTONITE PAKISTAN LIMITED vs BANKERS EQUITY LIMITED S — 2023 SCMR 1353 SUPREME-COURT

Case information

Citation: 2023 SCMR 1353 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2023
Reporter: SCMR
Parties: BENTONITE PAKISTAN LIMITED vs BANKERS EQUITY LIMITED S
Subject matter: Criminal
Provisions referred to: S. 310---L; Limitation Act (IX of 1908); Companies Act; Limitation Act

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

BENTONITE PAKISTAN LIMITED VS BANKERS EQUITY LIMITED S. 310---Limitation Act (IX of 1908), First Sched. & Art. 181---Applications filed under the Companies Act, 2017---Limitation---There is no specific provision in the Limitation Act, 1908 which deals with the applications or proceedings filed under the Companies Act, 2017, except Article 112 thereof, which deals with "a call by a company registered under any Statute or Act" therefore, the general provision dealing with the applications would be applicable to the applications filed under the Companies Act, 2017---General provision, which deals with the applications, where no period of limitation is provided in the Limitation Act, 1908, etc., is Article 181 thereof---Any application filed under the Companies Act, 2017 would be governed by Article 181 of the First Schedule to the Limitation Act, 1908 and there would be a period of limitation of three years for such applications.

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