Paul Coir (Pvt) Ltd. v. Waas – sllr 2000 volume 2 page 167

In the case between PAUL COIR (PVT) LTD and WAAS (a limited liability company), the court addressed the validity of a proxy submitted by the Defendant for the appointment of an Attorney-at-law as an agent of a company. The matter concerned whether a company’s proxy must comply with the Companies Act by bearing the common seal and appropriate authentication, and if a defective proxy could be cured by a subsequent filing. It was held that the initial proxy was void due to non-compliance with the statutory requirements; as a result, the possibility of rectifying the defect with a second proxy did not arise, reaffirming that strict adherence to statutory mandates governs the execution of such documents. The decision was grounded in the Civil Procedure Code (including Sections 24 and 27(1)) and

REF: sllr 2000 volume 2 page 167 Category: Tag:
Scroll to Top