Docstoc
EXCLUSIVE OFFER FOR DOCSTOC USERS
Try the all-new QuickBooks Online for FREE.  No credit card required.

THE COMPANIES ORDINANCE_ 1984

Document Sample
THE COMPANIES ORDINANCE_ 1984 Powered By Docstoc
					                THE COMPANIES ORDINANCE, 1984

                  (COMPANY LIMITED BY SHARES)

                 MEMORANDUM OF ASSOCIATION

                                          OF

                         XYZ (PRIVATE) LIMITED

I.     The name of the Company is ABC (PRIVATE) LIMITED.

II.    The Registered Office of the Company shall be situated in the Province of --------.

III.   The objects for which the Company is established are to carry out in Pakistan any
       or all of the following business.

       1.     To provide security services to banks, financial institutions, commercial
              and industrial organizations.

       2.     To borrow by means of loans or secure the payment of money from
              shareholders, directors, commercial banks and government approved
              agencies in such manner as the company shall think fit for its business and
              in particular by the issue of debentures or debenture stock, perpetual or
              otherwise charge upon all or any of the company’s property and other
              assets both present and future, to purchase, redeem, or pay off any such
              securities.

       3.     To open, close and operate banking accounts of the company with any
              bank.

       4.     To employ and remunerate the officials and servants of the company or
              any person or firm or company rendering services to the company.

       It is declared, that notwithstanding anything contained in the forgoing objects
       clauses of this Memorandum of Association nothing contained therein shall be
       construed as empowering the Company to undertake an investment or insurance
       business either directly or indirectly restricted under law or to undertake any
       unlawful operation.
             It is also declared that,

             a.            The subject company does not establish any training institute
                           /establishment for supply of manpower to other agencies or commercial
                           purpose.

             b.            The company shall not act as an investigation/ interrogation agency.


             c.            The company shall not establish its commercial office in residential areas.


IV.                        The liability of the members is limited.

V.                         The authorized share capital of the Company is Rs. --------- (Rupees -------
                           ---) divided into Rs. ------------ (Rupees -------------) ordinary shares of Rs.
                           -------- (Rupees ------------- ) each with the power to increase or reduce the
                           capital, to divide the shares for time being into several classes and subject
                           to Section 90 of the Companies Ordinance 1984, to attach thereto such
                           rights, privileges and condition in such manner as many, for the time being
                           be provided be the regulation of the Company. The Company further
                           reserves to itself the right to increase authorized capital in accordance with
                           the regulations for the time being in force, and in accordance with law.

  We, the several persons whose names and addresses are subscribed, are desirous of
being formed into a company, in pursuance of this memorandum of association, and we
respectively agree to take the number of shares in the capital of the company set opposite
our respective names.

  Name and           NIC No. (in             Father's/           Nationality          Occupation       Residential       Number of     Signatures
   surname              case of             Husband's             with any                             Address in       shares taken
 (present &           foreigner,             Name in              former                                  full            by each
  former) in           Passport                full              Nationality                                             subscriber
    full (in             No)
     Block
   Letters)
 1. AB                                        AB
 2. CD
 3. ABC
 Ltd
 through
 EF.
                                                                              Total number of shares taken

Dated the.................................... day of ...................................................20...........
Witness to above signatures.

...........................................................................
(Full Name, NIC No, Father's/Husband's Name)
Full Address, Occupation (in Block Letters)

				
DOCUMENT INFO