OIL AND GAS DEVELOPMENT CORPORATION vs LT. COL. SHUJAUDDIN AHMED — 1961 PLD 531

Citation: 1961 PLD 531

Court: Sindh High Court

Year: 1969

Decision Date: 1969-12-31

Parties: OIL AND GAS DEVELOPMENT CORPORATION vs LT. COL. SHUJAUDDIN AHMED

Headnotes

Case cited as PLD 1961 SC 531

Judgment Text

Court Name: Sindh High Court Judge(s): Muhammad Hayat Junejo Title: OIL AND GAS DEVELOPMENT CORPORATION vs LT. COL. SHUJAUDDIN AHMED Case No.: Civil Revision Application No. 426 of 1969 Date of Judgment:- Reported As: PLD 1970 Karachi 332 Result: Revision allowed JUDGMENT JUDGMENT The petitioners are a statutory corporation established under the Oil and Gas Development Corporation Ordinance, 1961 (Ordinance XXXVII of 1961). The Management and the business affairs of the Corporation are governed by section 4 of the said Ordinance which reads as follows :- "The general direction and superintendence of the affairs and business of the Corporation shall vest in a Board of Directors which, with the assistance of a General Manager, may exercise all powers and do all acts and things which may be exercised or done by the Corporation. (2) The Board shall act on commercial considerations having due regard to public interest generally. (3) In discharging its functions, the Board shall be guided by such instructions on questions of policy as may be given to it from time to time by the Central Government, which shall be the sole Judge as to whether any instructions are on a question of policy or not. (4) If the Board fails to carry out any instructions given to it under subsection (3), the Central Government may supersede the Board and appoint any person or body to function in its place until a new Board is constituted in accordance with the provisions of this Ordinance, and no such…

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