he mode for transfer of shares in a company registered in Pakistan is provided in the companies’ ordinance, 1984. According to the requirements of companies’ ordinance, 1984 the following factors shall be taken into consideration: The mode for transfer of shares in company registered in Pakistan must be provided in...
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How to change Company name in Pakistan?
It happens sometimes that the company is somehow registered with the name that they later on found is not compatible with their business or decides to change the name for any other reason. Therefore the companies’ ordinance, 1984 describes the reasons for which a company may change its name. These...
Memorandum of Association – Company registration in Pakistan
Memorandum of Association for the purpose of company registration in Pakistan Every company requiring registration in Pakistan whether as Private Limited company, Public Limited company or any other form of company must prepare memorandum of association. Memorandum of association of any company is basically the constitution of the company or...
Legal constraints in Company Registration
egal Aspects of company registration in Pakistan Pakistan in one of the most lucrative place for investment today because of the cheap and larger quantity of labour in the country. More and more investors have shown their interest in stabilising business in Pakistan. However as in most parts of the...
CDC – Centrally Depository Company Statistics
Historical Data of Centrally Depository Company in Pakistan. Performance at a glance June 30, 2012 June 30, 2014 February 28, 2015 Number of shares in CDS (in Bn) 99.17 110.35 114.34 Market Capitalization of shares in CDS (in Trillion) 1.874 3.852 4.485 % of shares in CDS...
Role and procedures of SECP
Provisions for registered office for the company registration in Pakistan: The provisions of companies ordinance, 1984 relating to companies registered in Pakistan are as follows: A company registered in Pakistan should have a registered office address within 28 days of obtaining certificate to commence business in case of public limited...
Types of Companies Registered in Pakistan legally
Different types of companies registered in Pakistan (Classification based by virtue of legal form): By virtue of legal form companies can be classified into following types: Statutory Company The company that is formed under special statue is called statutory company. This type of company is governed by the ordinance under...
The difference between company registered as Private Limited Company And Company registered as Single Member Company?
Company Registered as Private Limited Company Company Registered as Single Member Company 1. A company registered as Private Limited Company cannot invite subscriptions from general public. 1. This condition is same for the company registered as Single Member Company. 2. Transfer of shares is prohibited in the...
Alterations in Company – SECP
The Procedure for Reduction of Share Capital. How to Reduce Share Capital of the Company After company registration if any time the directors or members of the company decide that they want to reduce the share capital of the company following procedure should be followed as per the articles of...
NTN – National Tax Number in Pakistan
What is online ntn verification? Online ntn verification is the process whereby you can confirm the National tax number of any Individual tax payer, firm or company through online record of Federal Board of Revenue. Federal Board of Revenue is the body responsible for maintaining the record of all the...