Management Science Department

Bahria University
Assignment 1

Subject: Corporate Law

Q1. Alfalah Associates is an association of persons. It wants to register itself as a

limited company but does not wish to include the word “Limited” in its
name.

In view of the provisions of the Companies Act, 2017 you are required to
explain the conditions that need to be satisfied before the Commission may
issue it a licence and allow it to dispense with the word “Limited” from its
name.

Q2. Kaghan Resham Limited (KRL) holds 60 percent shares out of total paid up
capital of another public company named “Narran Silk Limited” (NSL). NSL
further owns 14 percent shares of “Thandiyani Ice-creams Limited” (TIL).
NSL has also entered into an agreement with other shareholders of TIL to
appoint four out of seven directors on the board of directors of TIL.

Explain their relationships with each other under Companies Act, 2017.

From the Desk of:

Mr. Talal M. Arif