NEW JUBILEE INSURANCE COMPANY LTD. vs THREE STARS HOSIERY MILLS (PVT — 2025 CLD 1708 KARACHI-HIGH-COURT-SINDH

Case information

Citation: 2025 CLD 1708 KARACHI-HIGH-COURT-SINDH
Court: Sindh High Court
Year: 2025
Reporter: CLD
Parties: NEW JUBILEE INSURANCE COMPANY LTD. vs THREE STARS HOSIERY MILLS (PVT
Provisions referred to: S. 306---P; S. 306; Companies Ordinance

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

NEW JUBILEE INSURANCE COMPANY LTD. VS THREE STARS HOSIERY MILLS (PVT.) LTD. S.306---Petition for winding up by the creditor of a company---Company unable to pay its debts---Deeming a company unable to pay its debts---Scope---To deem that a company is unable to pay its debts, a creditor can rely on clause (c) of S.306(1) of the Companies Ordinance, 1984, independent of clause (a) and otherwise 'prove' that the company is unable to pay its debts.

Other judgments reported in 2025 CLD

2025 CLD 1438 KARACHI-HIGH-COURT-SINDHIN THE MATTER OF THE COMPANIES ACT, 2017 VS BEACH LUXURY HOLDINGS (PRIVATE) LIMITED, SPENCER AND COMPANY (PRIVATE) LIMITED AND PHYSONS (PRIV…
2025 CLD 53 INSURANCE-TRIBUNAL-LAHOREMUHAMMAD TARIQ VS JUBILEE LIFE INSURANCE S. 77---Language of policy documents---Principle---It is mandatory requirement of law to use plain…
2025 CLD 288 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTANUNITED INSURANCE COMPANY OF PAKISTAN LIMITED VS The DIRECTOR/HOD, ADJUDICATION-I, ADJUDICATION DIVISION, SECP, ISLAMABAD Ss. 156 & 167---Tak…
2025 CLD 872 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTANThe UNITED INSURANCE COMPANY OF PAKISTAN LIMITED VS The HOD, ADJUDICATION-I, ADJUDICATION DIVISION, SECURITIES AND EXCHANGE COMMISSION OF PA…
2025 CLD 435 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTANHAJRA TEXTILE MILLS LIMITED VS DIRECTOR, CORPORATE SUPERVISION DEPARTMENT, SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN S. 33(1)(a)---Comp…
2025 CLD 393 SECURITIES-AND-EXCHANGE-COMMISSION-OF-PAKISTANUBL FUND MANAGEMENT LIMITED VS Ms. MOMY KAMAL Reglns. 66a(c)(i), 66a(c)(iv), 66a(d) & 66a(f)---Investing in Equity/Mutual Funds---Mis-sellin…

Back to the case-law library · Search Pakistani case law in Urdu or English