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High Court of Sindh: Winding-up Petition Against Rauf Textiles & Printing Mills (J.C.M No.23/2026)
High Court of Sindh · Karachi · Dawn,
Notice advertisement published in Dawn on Friday, 9 October 2026, listed under Karachi. Issued by High Court of Sindh. The last date printed on the advertisement is Monday, 19 October 2026.
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Registrar, Company Bench, High Court of Sindh at Karachi notifies a petition for winding up of Rauf Textiles & Printing Mills (Private) Limited under Sections 301, 304, 305(f)(iii),(iv),(v) & 309 of the Companies Act, 2017. The petition seeks appointment/confirmation of an Official Liquidator/Nazir, realization and distribution of assets and other consequential orders.
| Role | Name / Details |
|---|---|
| Petitioners | Pervez Arshad (son of G.R. Arshad); Muhammad Junaid Arshad (son of Pervez Arshad). Residents: D-74, KDA Scheme 1, Karachi. |
| Respondents | 1) Rauf Textiles & Printing Mills (Private) Limited (Company) – registered office S/31, S.I.T.E., Mauripur Road, Karachi; 2) Shahzad Arshad (son of G.R. Arshad), resident of D-99, KDA Scheme 1, Karachi; 3) Registrar of Companies, Securities & Exchange Commission of Pakistan, Dawood Center, Ground Floor, M.T. Khan Road, Karachi. |
| Case | J.C.M No. 23 of 2026 (Companies Jurisdiction). Petition presented on 2026-04-27. Counsel for petitioners: Mr. Khalid Mahmood Siddiqui, Advocate. |
Key reliefs sought include ordering winding up of the Company; appointing the Nazir/Official Liquidator (reference to earlier appointment by judgment dated 2024-04-16 in Suit No.1721/2022); directing the Official Liquidator to complete sale transactions and realize sums due; preparing a complete inventory of remaining assets (including Plot No. S-113, SITE, Karachi); applying realized funds to settle outstanding liabilities (including SSGC, KWSB, SESSI and other creditors) and distributing any surplus among shareholders; and granting costs and other orders deemed fit.
Hearing is fixed on 2026-10-19 at 08:15 A.M. Any person desirous of supporting or opposing the petition must appear at the time of hearing in person or through an advocate. Copies of the petition will be furnished on application and payment of usual fees.
Issued by order of the Registrar, Company Bench on 2026-10-06.
Published in Dawn on Friday, 9 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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