Every pakistani has the right to modern telecommunication services. Since the companies ordinance 1984 was too old to meet the. Ngo accreditation intangible cultural heritage unesco. The name of the company is pakistan human development fund. Now, therefore, in pursuance of the proclamation of the 24th march, 1982, and in exercise of all powers enabling him in this behalf, the president is pleased to make and promulgate the following. It is very important to understand for all chief executives directors of private limited company, single member private limited company, public limited company listed in stock exchange, public limited company nonlisted in stock exchange, nonprofit organization npongo registered under section 42 of company ordinance, foreign companies, and others who. Ngo under companies ordinance 1984 are referred as association not for profit. Section 42 companies license under section 42 of the companies act, 2017 any three or more persons associated for lawful purpose may by subscribing their names to the memorandum and articles of association and complying with the requirements of the companies act, 2017 and associations with charitable and not for profit objects regulations, 2018 form a company. Limitation of time for issue of certificates 54 75. According to section 42 of the companies ordinance, 1984 the main objects of the association are for promoting commerce, art, science, religion, sports, social services, charity or any other useful object, and applies or intends to apply its profits, if any, or other income in promoting its objects.
The aga khan hospital and medical college foundation is a company limited by guarantee incorporated in pakistan licensed under section 42 of the companies ordinance, 1984, as a notforprofit company. Licensed under section 42 of the companies ordinance, 1984. Jul 22, 2018 the verification service will also be extended for validating information of sponsors of companies in the nonprofit sector while applying to the commission for license as an association not for profit under section 42 companies ordinance, 1984. License under section 42 of the companies act, 2017 any three or more persons associated for lawful purpose may by subscribing their names to the memorandum and articles of association and complying with the requirements of the companies act, 2017 and associations with charitable and not for profit objects regulations, 2018 form a company. The verification service will also be extended for validating information of sponsors of companies in the nonprofit sector while applying to the commission for license as an association not for profit under section 42 companies ordinance, 1984. Wasil foundation, formerly known as cwcd, is a not for profit company, registered under section 42 of companies ordinance 1984. I am directorchief executivecompany secretary of ms. Articles of association of pakistan gems and jewellery development company preliminary 1. The companies ordinance, 1984 vii meetings and proceedings 157. Section 42 of the companies ordinance, 1984 deals with association not for profits. The order further advises the registrar concerned to take. The association with charitable and not for profit objects regulations 2018 were issued by the securities and exchange commission of pakistan secp on 7 th june, 2018.
The registered office of the company will be situated in islamabad, pakistan. Whereas it has been agreed by the several persons whose names are hereunto subscribed. Secp in the matter of german shepherd dog club of pakistan. The purpose of developing this comparative presentation of index is to facilitate the users in navigation identification of each section of the companies ordinance, 1984 which have either been restated, merged in, bifurcatedseparated in the companies act, 2017, along with addition of completely new sections. Ngo registration in pakistan provisions of companies ordinance, 1984. Press conference on charter of demands on budget making and implementation in pakistan swat on january 24, 2020. Nonetheless, this law also provides for and facilitates the registration of associations notforprofit. Director general means director general or any other authority appointed under trade ordinance or under any other statutory enactment in place of the said ordinance for the time being in force.
Mohammad khan mallah managing director ajrak community development initiative g ltd. A leading technology organization working under section 42 of the companies ordinance, 1984 is looking for dynamic and result oriented professionals for multiple roles. Wasil came into existence as a nongovernmental organization in 1992. Typically a think tank provides independent and neutral opinions and. They came into force at once, they apply to all companies licensed under section 42 of the companies act 2017 and. A unit of the aga khan hospital and medical college foundation. Association with charitable and notforprofit objects regulations. Offer of shares or debentures for sale by certain persons 44.
They came into force at once, they apply to all companies licensed under section 42 of the companies act 2017 and companies ordinance 1984. Nonprofit company registration in pakistan josh and mak. Near apple, lemon, 2, false means to find documents having apple within 2 words apart from lemon. Bcdf is a non for profit organization, and an indigenous initiative of the community of baltistan. Securities and exchange commission of pakistan under section 42 of companies ordinance, 1984. Mohammad khan mallah managing director ajarak community. Power to dispense with limited in the name of charitable and other companies. Sep 29, 2018 they came into force at once, they apply to all companies licensed under section 42 of the companies act 2017 and companies ordinance 1984 and they have effect notwithstanding anything contained in the articles, memorandum, contract, agreement or resolution of the company. Press conference on charter of demands on budget making and implementation in pakistan mardan on january 24, 2020 3. Nonprofit company registration in pakistan pakistani.
The organization offers professional working environment supporting diversity along with opportunity to work on projects with national impact. Ordinance, 1984xlvii of 1984 and companies ordinance, 2016 vi of 2016. Any such association is required to obtain licence under. Company ordinance means that the companies ordinance of 1984 or any other statutory enactment in place of said ordinance for the time being in force. A company set up under section 42 of the companies ordinance. Section 42 of the ordinance and rule 6 of the rules provide the legal framework for licencing of such. Lahore waste management company company established under section 42 of companies ordinance 1984 office 0405, floor no. However, the federal government still exercises its authority in matters relating to federal taxes. Association with charitable and notforprofit objects. Cpdi a company setup under section 42 of the companies.
An ordinance to consolidate and amend the law relating to incometax. A company setup under section 42 of the companies ordinance 1984. Since then, it has successfully carried out diverse projects in remote villages of punjab and khyber pakhtunkhwa. The organization was registered under social welfare ordinance in 1998. Pha foundation is a public company registered with securities and exchange commission of pakistan under section 42 of the companies ordinance, 1984. Companies ordinance, 1984 iv certificate of shares and debentures 74. Civil society human and institutional development programme chip is a notforprofit company created in october 2004 under section 42 of the companies ordinance and registered with security and exchange commission of pakistan under registration number 0000000405220041001. Application of sections 261 to 281 to liquidators and foreign companies. A company set up under section 42 of the companies ordinance 1984. Mojaz support program is a a company set up under section 42 of the companies ordinance1984 company registration number.
Ordinance, 1984 the ordinance is one of the principal laws, which governs the conduct of companies established for commercial objects. Bcdfs genesis lies in baltistan culture foundation bcf. Ictfp a company set up under section 42 of the companies. Mojaz support program is a a company set up under section 42 of the companies ordinance1984 our vision. Apple is good means to find documents having the exact phrase apple is good. Baltistan culture and development foundation bcdf a company set up under section 42 of the companies ordinance, 1984. Ever since its inception, wasil is devoted towards the achievement of its objective poverty alleviation through enterprise development. Federal board of revenue under section 10 of finance act 2001. Whereas it is expedient to consolidate and amend the law relating to incometax. A company set up under section 42 of the companies. Since then, it has successfully carried out diverse projects in. If you want to match the order of words, specify near apple, lemon, 2, true a percent sign % can be used to match zero or more characters. Association with charitable and notforprofit objects regulations 2018. By virtue of its order announced at islamabad on april 29, 2016 in the matter of ms german shepherd dog club of pakistan, the commissioner cl of securities and exchange commission of pakistan has revoked with immediate effect the license earlier granted on 3.
Lahore waste management company company established under. Kaarvan crafts foundation was established in 2004 as a notforprofit company registered under section 32 and licensed under section 42 of companies ordinance, 1984 pakistan. Pakistan centre for philanthropy pcp is a nonprofit organization registered on 27th december, 2001 with securities and exchange commission of pakistan secp and licensed under section 42 of the companies ordinance 1984. Every company shall at each annual general meeting appoint an auditor or auditors to hold office. The application shall be duly signed and made by a responsible officer of the. Trade ordinance means trade organizations ordinance, 2006 or any other statutory enactment in place of it for the time being in force. Register means the register of members of association kept in pursuance of section 147 of the companies ordinance, 1984.
Nov 10, 2004 kaarvan crafts foundation was established in 2004 as a notforprofit company registered under section 32 and licensed under section 42 of companies ordinance, 1984 pakistan. Issue of duplicate certificates 55 transfer of shares and debentures 76. In these articles, unless the context or the subject matter otherwise requires. Dec 04, 2014 types of companies under company ordinance 1984 1. Companies ordinance 1984 as amended from time to time, with a. The name of the association shall be pakistan ships agents association, hereinafter called the association. It is an ordinance to consolidate and amend the law relating to companies and certain other associations for the purpose of healty growth of the corporate enterprises, protection of investors and creditors, promotion of investment and development of economy and matters arising out of or connected therewith. A company set up under section 42 of the companies ordinance, 1984.