Bahria town is not a society, we should not confuse between cooperative society and a Pvt limited company. There is a law of cooperative society but there is no owner ship security law for plot buyers in a company law. It is just the trust factor in BT and the size of the company which is playing a part. A allotment letter of a Govt organization like Lda , Dha, and even a coop society has a legal value, but in case of BT, sukh chain type private own schemes it's just the trust factor.
Please comment on my view point.
Imran replied on Saturday, June 16, 2012 04:16 AM
Please note that Bahria Town is Private limited company. Its liability to its stacke holder is limited to its paidup capital. The paidup capital of Bahria Town Pvt Limited is 220 Million only. In case of any default bahia town liability is limited to Rs 220 Million only. Please note this fact |
Khan replied on Saturday, June 16, 2012 04:30 AM
In addition to the facts given by Mr. Imran, please remember even if Bahria Town is a limited company, it needs funds to complete the projects. Who knows what is the financial strength of Bahria town. The words "pvt ltd co" are not enough. |
aj-Pakistani replied on Saturday, June 16, 2012 07:41 AM
this is strange, how can a corrupt person be a hero who admits to have bribed people for his own gains. For God's sake do not praise corrupt criminals and apply principles before passing such judgements. We the nation of Pakistan is going through this terrible trial period due to our own follies of mixing right and wrong with no attempt to find the true north. God save us from our own follies. |
