Al Wakeelo
Your Digital Lawyer, Always on Duty
Initializing Secure Chambers
Your Digital Lawyer, Always on Duty
Initializing Secure Chambers
Petitioner: Mrs.DILSHAD HUSSAIN VS Respondent: PAKISTAN INDUSTRIAL CREDIT And INVESTMENT CORPORATION Ltd. And Other
Court Name: Supreme Court of Pakistan Judge(s): Nasim Hasan Shah, Aslam Riaz Hussain Title:Mrs.DILSHAD HUSSAIN vs PAKISTAN INDUSTRIAL CREDIT And INVESTMENT
CORPORATION Ltd. And Other Case No.: Civil Petitions Nos. 246 and 247 of 1984 Date of Judgment:1984-03-18 Reported As: 1985 SCMR 925 Result: Leave granted Judgment ORDER NASIM HASAN SHAH, J.--These petitions were put up in connection with Civil Miscellaneous Petition No.206 of 1984 in C.P.S.L.A. No.246 of 1984 and C.P.S.L.A. No.247 of 1984, but we have heard the learned counsel for the petitioner and Raja Muhammad Akram on behalf of the Caveator in both the petitions for leave to appeal at length and propose, with the consent of the learned counsel for the parties, to proceed to dispose of the petitions for leave themselves, rather than to deal with the miscellaneous matters only. Leave is granted to consider the rule which should govern the High Court in fixing the remuneration to be allowed to a Liquidator, appointed by it for winding-up and liquidating a Company, namely, whether this should be in the nature of a fixed commission on the sale of the assets of the Company in liquidation or he should be allowed a fixed salary or both; as also the principles on which the orders in this respect should be founded. The prayer for an interim order is rejected but the appeals shall be made ready on the present record and put up for hearing on a very early date. Furnishing of security is, however, dispensed with. The parties shall also file concise statements.
---
## Page 2
revisions by the competent authorities. Therefore, it is advisable to consult the official sources or legal professionals for the most up-to-date and accurate information.