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What is 2024 C L D 872 (Lahore) Before Shahid Karim, J MUHAMMAD YOUNIS - Petitioner Versus Messrs SHAHID SURGICAL (PVT.) LTD. and Others - Respondents about?

The court dismissed a petition filed by Muhammad Younis challenging the validity of a general meeting and the election of directors from 2003, citing that it was filed beyond the three-year limitation period set by the Limitation Act. The petitioner failed to provide a reasonable cause for the delay in filing, which was necessary for the court to consider condoning the late submission. Consequently, both the application for condonation of delay and the main petition were dismissed as statute-barred.

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tasneemkausarpcl

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EN