Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
0Activity
0 of .
Results for:
No results containing your search query
P. 1
INCORPORATION OF A PUBLICLIMITED COMPANY

INCORPORATION OF A PUBLICLIMITED COMPANY

Ratings: (0)|Views: 2|Likes:
Published by Bilal Ahmed Bhatti
incorporation of public limited company in pakistan
incorporation of public limited company in pakistan

More info:

Categories:Types, Presentations
Published by: Bilal Ahmed Bhatti on Apr 19, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

01/07/2014

pdf

text

original

 
Page|
1
INCORPORATION OF A PUBLICLIMITED COMPANY
 
Name: Bilal AhmedRoll no: Am552469Course: BUSINESS AND LABOUR LAWLevel: M.comAssignment submitted to: Prof Khawaja Javed IqbalCouse code: 8514
ALLAMA IQBAL OPEN UNIVERISITY
 
Page|
2
Acknowledgement 
All the
praises are for “Allah Almighty“whose uniqueness, oneness and
wholeness are absolute. He is the onewho gave me courage to gain knowledgeand made it possible for to accomplish thereport.
All respects are for His “Holy ProphetHazrat Muhammad” (Peace Be
Upon Him)who enabled us to recognized oneness of our Creator.
 
Page|
3
INCORPORATION OF A PUBLICLIMITED COMPANY
Companies remain the most favored form of business organizationsin Pakistan especially for medium and large-scale businessenterprises. Legal regime for establishment and regulation of companies in Pakistan is given in the Companies Ordinance, 1984.Whereas the function of administration of these companies is vestedin the Securities and Exchange Commission of Pakistan and theRegistrar of Companies appointed by the Securities and ExchangeCommission of Pakistan for a Province of Pakistan where suchcompany is to be registered.Under the provisions of the Companies Ordinance, 1984 a companyis a corporate body with separate legal entity and a perpetualsuccession and a company may be formed by persons associating forany lawful purpose by subscribing their names to the Memorandumof Association and complying with other requirements forregistration of a company under the provisions of the Ordinance.The Companies Ordinance, 1984 provides three different types of companies:
 
A company limited by shares
 
A company limited by guarantee
 
An unlimited liability companyFurther, under the Companies Ordinance, 1984 two types of limitedliability companies are provided namely, a) a private limitedcompany and b) a public limited company (which may be listed orunlisted). Any one or more persons associated for any lawful purposeby subscribing their name(s) to the Memorandum of Association and

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->