Liquidation Status

The Honourable Lahore High Court Lahore has passed winding up order of Innovative Investment Bank Limited (IIBL) on 02.05.2013 in response to winding up petition filed by Securities & Exchange Commission of Pakistan u/s 282 J (3) of Companies Ordinance 1984 in CO 46/2010.

Honourable Court has appointed Khawaja Waheed Raza and Mr. Sardar Mohammad Ali , BAR-AT-LAW ( U.K) , Advocate, High Court, Lahore as Joint Official Liquidators for IIBL vide order dated 02.11.2016.

Payment Status
DESCRIPTION 04.02.2013 in CM 68/13 Upto 500,000/- 15.01.2014 In CM 488/13 Upto 800,000/- 12.02.2014 In CM 95/14 Upto 1,000,000/- 12.02.2015 In CM No. 67/15 COI Upto 1,000,000/-
CATEGORY        
Total Approved 13,416,185 18,249,045 16,695,200 26,681,081
Paid till 31-12-2020 11,993,704 16,729,045 14,145,200 23,771,883