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Company ordinance 1984

Registration of a company
Registration / Formation of Companies:

Any seven or more persons associated for any lawful purpose may, by
subscribing their names to the Memorandum of Association and
complying with the requirements of the Companies Ordinance, in respect
of the registration, form a public company, and any two or more persons,
so associated may, in like manner, form a private company.
FEES TO BE PAID TO THE REGISTRAR, THE
AUTHORITY AND THE FEDERAL
GOVERNMENT
For registration of a new company:

 For registration of a new company, a fee of Rs.10000


 For registration of an existing company.
 For making record of any fact by the Ordinance authorized or
required to be recorded by the Registrar, a fee of Rs.200.
Registered Companies:
A company which is formed and registered under the
companies ordinance 1984 is known as a registered
company. The companies’ ordinance provides registration
of following four (04) types of companies:

Company limited by shares


Company limited by guarantee
An unlimited company
Association not for profit
How to Register a Company in Pakistan?
Following are the requirements for registration of
a company in Pakistan:

 Availability of Name

 Filingof documents required for registration


of a private limited company in Pakistan
ARTICLES OF ASSOCIATION:

Every organization has articles of association, whether they realize


it or not. Articles of association are simply the basic internal rules of
operation for a business or non-profit organization that govern what
tasks need to be done, what positions are required to perform the
necessary functions, and how the processes in place are to be
performed.
Registration of articles:-
 There may, in the case of a company limited by shares, and there shall, in the case of a
company limited by guarantee or an unlimited company, be registered with the memorandum,
articles of association signed by the subscribers to the memorandum and setting out
regulations for the company.

 Articles of association may adopt all or any of the regulations in the First Schedule.

 If the company has a share capital, shall state the amount of share capital with which the
company proposes to be registered.

 In the case of an unlimited company or a company limited by guarantee, if the company has
not a share capital, the articles shall state the number of members with which the company
proposes to be registered
Printing signature, etc. of article:-

The articles shall be:-

Printed.
Divided into paragraphs numbered consecutively.
Signed by each subscriber.
Dated.
Alteration of articles:-

 Subject to the provisions of this Ordinance and to the conditions contained in its
memorandum, a company may by special resolution alter or add to its articles,
and any alteration or addition so made shall be as valid as if originally contained
in the articles, and be subject in like manner to alteration by special resolution:
 Provided that, where such alteration affects the substantive rights or liabilities of
members or of a class of members, it shall be carried out only if a majority of at
least three-fourth of the members or of the class of members affected by such
alteration, as the case may be, personally or through proxy vote for such
alteration.

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