Courtroom Forces Sale Of Arbitration Award To Pay Law Firm Dentons

Das Mal , Das Mal was an employee of the corporate and was not paid for several months, so he sued the director. In the case of Abdul Haq v. Ltd , where the Government acquired the Coal mines of a Company underneath the Coal Mines Act, 1973, it was later found that the Company bought a coal mine to the spouse of one of the Directors. The Court dominated that the appeal was towards the corporate, not its administrators or members. It also has the best to seek damages if publishing a defamatory incident about the firm affects its operations. A company can’t even have an insurable curiosity in the company’s property. The Supreme Court lifted the company veil from the Company, found the deal bogus, and dominated that the mine remained the Company’s property.

The public sector, comprised by companies exclusively owned by the State, constituted primarily for the exploitation of sources and companies enumerated beneath Article 29 of this Fundamental Law, in addition to for any other economic actions.

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