Effect of inoperativeness of the Companies Ordinance, 2062(2005)

Effect of inoperativeness of the Companies Ordinance, 2062(2005)

With the Companies Ordinance, 2062 (2005) being inoperative, unless a different intention appears, the inoperativeness shall not:

• (a) revive anything not in force or existing at the time at which the Ordinance became inoperative;

• (b) affect the matter of operation as per the Ordinance or anything duly done or any punishment suffered thereunder.

• (c) affect any right, privilege, obligation or liability acquired, accrued or incurred under the Ordinance;

• (d) affect any penalty, punishment or forfeiture incurred under the Ordinance;

• (e) affect any action or remedy made or taken in respect of any such right, privilege, obligation, liability, penalty or punishment as aforesaid; and any such legal proceeding or remedy may be instituted, continued or enforced as if the Ordinance were in force.