Professional Documents
Culture Documents
COmpANy IN p AkISTAN.
of directors
Rules regarding to the winding of the company
Matters related to the account and audit etc…
The second stage for formation of company is
to get the company registered. for registration
of company following documents are
submitted registrar for the registration of
company.
Memorandum of association
Article of association
Nominal capital
Qualification of shares
List of directors
Declaration
If the registrar is satisfied with documents
then he will issue certificate of incorporation
private limited company can start its business
after receiving certificate of incorporation. but
a public limited company wait for certificate of
commencement.
After the receipt of certificate of incorporation
the promoters issue prospectus of the
company with a copy of application form for
share. Prospectus shows the rules regarding
purchase and sale of share and about the
mode of payment. A copy of prospectus
should be submitted to the registrar.
When the requisite minimum number of
share has been subscribed and the
qualifying shares of the directors have been
paid the company will submit a
declaration to the registrar.
A public company has to received the certificate of
commencement before starting thebusiness.
A company submits the following documents to
registrar.
Prospectus
Minimum subscription
Directors shares
After verifying these documents registrar issue a
certificate of commencement they can start the
business.
Securities and Exchange Commission of
Pakistan established under the Pakistan
A c t 1997
I t was operational as a body Corporate on
1st J a n u a ry 1999.
i m p o r t a n t functions of the SEC is
registration of companies.
This t a s k has been entrusted t o the
Registration Department, Company L a w
Division w h i c h has its field offices k n o w n
as Company Registration Offices (CROs).