Karachi: The Honourable High Court in C.M No. 746-B/2011 filed by the Bank of Punjab in the suit titled BOP Vs. M/s Zephyr Textiles Limited has ordered stay of payment of dividend to the share holders of the company.(letter dated 29/11/2011 of our counsel enclosed for ready reference)
Stay of Dividend Announced by Zephyr Textiles
It is to inform you that Honourable High Court in C.M, No. 746-B/2011 filed by the Bank of Punjab in Suit titled BOP Vs, M/s, Zephyer Textiles has ordered stay or payment or dividend to the share holders. Tile application fixed before Mr. Justice Khalid Mahmood Khan and next date of hearing is 24-01-2012.
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Karachi Stock Exchange
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