Finance Certificate
Finance Certificate legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Term "Finance Certificate" issued by a Finance Company with the guarantee to give a fixed expected profit did not vest in any right to share the business or right to participate in earning other than the expected guaranteed profit
Certificate was an acknowledgment of deposit of an amount, a redeemable capital but the holder in no way obtained right to participate in the earning and/or distribution of the profits of a Leasing Finance Company.
"Finance Certificate", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/21269
Precedents & Case Laws citing "Finance Certificate"
2017 P T D 876
COMMISSIONER INLAND REVENUE, ZONE-I, REGIONAL TAX OFFICES, KARACHI Versus Messrs RELIANCE SECURITIES LTD.
Court: Sindh High Court2001 P T D (Trib
N/A
Court: Income-tax Appellate Tribunal Pakistan1988 M L D 1408
BANKERS EQUITY Ltd. — Petitioner Versus GENERAL PUBLIC — Respondent
Court: Lahore2014 C L D 1636
Sh. ALTAN AZMAT — Appellant Versus HABIB BANK LIMITED through Chief Manager and another — Respondents
Court: LahoreP L D 1997 Karachi 416
and 5 others‑‑‑Petitioners Versus Messrs BALOCHISTAN COATERS LTD. ‑‑‑Respondent
Court:2003 C L D 1026
KARACHI ELECTRIC PROVIDENT FUND- — Plaintiff Versus NATIONAL INVESTMENT (UNIT) TRUST and others — Defendants
Court: Karachi1991CLC1743
Messrs UNITED BANK LIMITED‑‑‑Appellant Versus Messrs SHAHID CORPORATION‑‑‑Respondent
Court: Karachi2005 C L D 898
Brig. (Retd.) HAMID-UD-DIN — Appellant Versus ASKARI LEASING LIMITED and others — Respondents
Court: Peshawar1998 S C M R 1533
Messrs SINDH TECH. INDUSTRIES LTD. ‑‑‑Appellant Versus Messrs INVESTMENT CORPORATION OF PAKISTAN‑‑‑Respondent
Court: Supreme Court of Pakistan2017 C L D 380
ADAMJEE POLYCRAFT LIMITED and 3 others — Appellants Versus NATIONAL INVESTMENT TRUST LIMITED — Respondent
Court: Sindh