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Appointment Legal Advisors Rules

Appointment Legal Advisors Rules

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Appointment Legal Advisors Rules
Appointment Legal Advisors Rules

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Published by: araza_962307 on Feb 12, 2013
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02/12/2013

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THE COMPANIES (APPOINTMENT OF LEGAL ADVISERS) RULES, 1975 [Gazette of Pakistan, Extraordinary, Part II, 2nd April, 1975] NOTIFICATION

No. S.R.O. 373 (1)/75.-- In exercise of the powers conferred by section 8 of the Companies (Appointment of Legal Advisers) Act, 1974 (Act No. X of 1974), the Federal Government is pleased to make the following rules, namely: Short title and commencement.-- (1) These rules may be called the Companies (Appointment of Legal Advisers) Rules, 1975. (2) They shall come into force at once. 2. Definitions.-- In the rules, unless the context otherwise requires--, (a) (b) 'Act' means the Companies (Appointment of Legal Advisers) Act, 1974. 'Registrar' means the Registrar as defined in sub -section (15) of section 2 of the Companies Act, 1913.

3. Maintenance of register and records.- Every company shall maintain a register in the form set out in Schedule I. Every company shall obtain a certificate from its legal adviser once a year in the form set out in Schedule II. 4. Furnishing of information by the company.— (1) Every company shall, within fifteen days of the appointment of a legal adviser by it, furnish in duplicate to the Registrar of the region in which its registered office is situated the name (names of the partners in case of a firm), address and remuneration of the legal adviser. (2) Every company shall furnish such additional information or documents as the Registrar may require. (3) The Registrar shall keep proper record of all the information received under this rule.

.......... certify that during the year ..................... companies. I/We was/were not engaged as legal adviser in more than three companies/ ... SCHEDULE II [(See rule 3(2)] CERTIFICATE (To be obtained annually from a legal Adviser) I/We ……………………........ case of a firm appointment..............SCHEDULE I [See rule 3 (I)] REGISTER OF LEGAL ADVISER Name of the Legal Adviser (If Number of partners in Remuneration Address Date of Date of termination of the legal adviser is a firm.. name of firm should be given)........................ appointment................. The particulars of the companies in which I/We was/ were the legal adviser during the year are as follows:Name of the company_________________ (1) Signature________________________ Address___________________ (2) Name________________________ ..

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