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MUHAMMAD ZIAULLAH KHAN CHISHTI vs TRG PAKISTAN LIMITED S — 2025 CLD 1814 KARACHI-HIGH-COURT-SINDH

Case information

Citation
2025 CLD 1814 KARACHI-HIGH-COURT-SINDH
Court
Sindh High Court
Year
2025
Reporter
CLD
Parties
MUHAMMAD ZIAULLAH KHAN CHISHTI vs TRG PAKISTAN LIMITED S
Provisions referred to
S. 286; Companies 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

MUHAMMAD ZIAULLAH KHAN CHISHTI VS TRG PAKISTAN LIMITED S. 286 ---Complaint of oppression and mismanagement---Scope---Complaint of oppression is usually where petitioner is directly affected and complaint of mismanagement and prejudice to public interest is where petitioner is indirectly affected---Petitioner is permitted by S. 286 of Companies Act, 2017 to bring what would otherwise be a derivative action on behalf of company for correcting affairs of the company---Complaint under S. 286 of Companies Act, 2017 may be against mismanagement only; against oppression only; against both; against prejudice to public interest only; against the latter coupled with mismanagement or/and oppression---While acts underlying oppression and mismanagement may be overlapping, it is important to distinguish between the two.

Other judgments reported in 2025 CLD

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