High Court of Sindh (Karachi) — Joint Petition for Scheme of Arrangement / Demerger by Marine Dynamics & Security Packers
High Court of Sindh (Karachi) · Karachi · The News International,
Notice advertisement published in The News International on Wednesday, 16 September 2026, listed under Karachi. Issued by High Court of Sindh (Karachi).
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High Court of Sindh at Karachi — J.C.M. Petition No. 48 of 2026. Petitioners have filed a joint petition under sections 279 to 283 read with section 285(8) of the Companies Act, 2017 and Order No. 84(1)/2017 dated 24-08-2017 seeking sanction of a Scheme of Arrangement for demerger and related reliefs.
| Petitioner | Registered Office / Location |
|---|---|
| M/s Marine Dynamics (Pvt.) Limited (Petitioner No. 1) | Registered Office: 6902, Petroleum Town, Block 3, Clifton, Karachi |
| M/s Security Packers (Pvt.) Limited (Petitioner No. 2) | Registered Office: 6902, Petroleum Town, Block 3, Clifton, Karachi |
Relief sought (summary): direction to convene and hold meetings of members and creditors of the petitioning companies to consider the Scheme; appointment of chairmen for such meetings; approval of notices and explanatory statements to shareholders/creditors; sanction and confirmation of the Scheme of Arrangement (demerger); consequential orders under the Companies Act including amendments to share capital, transfer of undertakings, issue of certified copies, and related directions to the Registrar of Companies and other authorities.
Action by interested parties: Any person desirous of supporting or opposing the petition may appear and file objections or supporting documents in Court. Copies of the petition will be furnished to any person on request on payment of the usual fees. Parties should follow the High Court registry procedure for filing or obtaining copies.
Issuer: High Court of Sindh (Companies Jurisdiction), Karachi; By Order: Registrar.
Published in The News International on Wednesday, 16 September 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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