Company law of Pakistan

• The corporate sector in Pakistan was governed

by the companies ordinance 1984 which was
promulgated on 8th October 1984 and
repeated the companies Act, 1913. It
emcompasses all legal rules and regulations
for business registered with Security and
Exchange commission of Pakistan (SECP) and is
enforced by that agency.
 Features of Company
• Separate legal entity
Separate legal entity

Perpetual succession Company Transferability of share

Company can sue and be sued Common seal

Limited liability
 Comparative Analysis of Corporation
between Bangladesh and Pakistan
Bangladesh
1. A separate legal entity and
shareholders are not liable for the
company’s debt beyond the amount
of share capital they have contributed
in a private limited company in
Bangladesh.
2. Public limited company has a
minimum of seven members, three
directors with no minimum number
of share holders. It’s share holder can
be any legal person who is above the
age of 18.
3. An unlimited company is one in
which the members liability is
limited.
4. The Bangladeshi laws and a separate
Pakistan
1. The pakistan’s limited liability company
also referred as private company can
be registered with only two directors ,
two share holders and a minimum
capital of US $ 1,000 .
2. The company registered under
companies ordinance 1989 as well as
quoted in stock markets and it share
trade in stock market, anyone can
become the director of the shares for
directorship under the SECP laws.
3. Also here the unlimited company
means a company having unlimited
liability of its members.
4. A company in which a business is set