THE COMPANIES ORDINANCE, 1984
(COMPANY LIMITED BY SHARES)
Memorandum of Association
of
ABC CONSTRUCTION (PRIVATE) LIMITED
I.
The name of the Company is ABC Construction (Private) Limited.
II.
The Registered Office of the Company will be situated in Islamabad Capital Territory/in
the Province of Punjab/Baluchistan/Sindh/Khyber Pakhtunkhwa.
III.
The objects for which the Company is established are to carry on all, or any one or more,
of the following businesses in all or any of their various aspects:
1. To lay out, construct, build, erect, demolish, alter, layout, re-model or do any other
work in connection with any infrastructure including apartments, homes, plazas,
multi-storied flats, business offices, shops, markets, warehouses, industrial and
commercial buildings, roads, dams, bridges, spillways, highways, reservoirs, airports,
seaports, parks, canals, irrigation improvements, amusement parks, convention
centers, hi-technology industrial parks, and structures of all descriptions and to equip
the same or any part thereof with all or any conveniences, drainage and sewerage
facilities, water supply, electric and gas installations, structural or architectural work
of any kind whatsoever and for such purpose to prepare estimates designs, plants
specifications subject to any permission required by law and approval from the
competent authorities.
2. To act as civil work/mechanical/electrical contractors to Government of Pakistan,
Provincial Governments, Foreign Governments, Foreign Agencies, Public Local
Authorities, Municipalities or otherwise, Semi- Government, Autonomous
Corporations, Private / Public Companies or any private person.
3. To carry on the business of estimation, drawing up of specifications, architecture
work, interior and exterior decoration and other similar works relating to civil
mechanical, environmental and/or electrical engineering.
4. To borrow or raise money by means of loans or other legal arrangements from banks,
or other financial institutions, or Directors in such manner as the Company may think
fit and in particular by issue of debentures, debenture stock, perpetual or otherwise
convertible into shares and to mortgage, or charge the whole or any part of the
property or assets of the Company, present or future, by special assignment or to
transfer or convey the same absolutely or in trust as may seem expedient and to
purchase, redeem or payoff any such securities.
5. To guarantee the performance of contract and obligations of the Company in relation
to the payment of any loan, debenture-stock, bonds, obligations or securities issued
by or in favour of the Company and to guarantee the payment or return on such
investments.
6. To open accounts with any bank or banks and to draw, make , accept, endorse,
execute, issue, negotiate and discount cheques, promissory notes, bills of exchange,
bills of lading, warrants, deposit notes, debentures, letter of credit, and other
negotiable instruments and securities.
7. To amalgamate with any other company whose objects are and/or include objects
similar to those of this Company, whether by sale or purchase (for fully paid-up
shares) of the undertakings, subject to the liabilities of this or any such other company
as aforesaid, with or without winding up or by sale or purchase (for fully paid-up
shares) of all or a controlling interest in the shares of this or any such other company
as aforesaid, or by partnership, or any arrangement of the nature of partnership, or in
any other manner.
8. It is declared that notwithstanding anything contained in the foregoing object clauses
of this Memorandum of Association nothing contained therein shall be construed as
empowering the Company to undertake or to indulge in business of banking
company, leasing, and investment, real estate business, deposit taking, managing
agency or insurance business directly or indirectly as restricted under the law or any
unlawful operation. The Company shall not launch multi-level marketing (MLM),
Pyramid and Ponzi Schemes, or other related activities/businesses.
9. Notwithstanding anything stated in any object clause, the Company shall obtain such
other approval or license from competent authority as may be required under any law
for the time being enforced to undertake a particular business.
IV.
The liability of the members is limited.
V.
The authorized capital of the company is Rs. 1,000,000/- (Rupees one Million only)
divided into 100,000 (one hundred thousand) ordinary shares of Rs. 10/- each with power
to enhance, reduce or consolidate the share capital and to divide the shares of the
company into different classes and kinds subject to the provisions of the Companies
Ordinance, 1984.
We, the several persons whose names and addresses are subscribed, are desirous of being formed into a
company, in pursuance of this memorandum of association, and we respectively agree to take the number of
shares in the capital of the company set opposite our respective names.
S.
Name
No. and
CNIC
No.
Father’s/
(in Husband’s
Surname case
of Name
(present
foreigner, full
&
Passport
former)
No.)
in
Nationality(ies) Occupation Residential Number
with
any
Signatures
address in of shares
in former
full
Nationality
taken by
each
subscriber
full
(in
Block
Letters)
1
AB
12354-
Gh
Pakistani
Trading
1456877-
10
business
(Ten)
1
2
CD
25814-
-------
IJ
Pakistani
Import and
1456879-
export
2
sports
20
------------
of
(Twenty)
goods
3
EF
62584-
KL
Pakistani
Business
5
------------
1548795(Five)
3
Total number of shares taken
Dated the ----- day of -------Witness to above signatures.
In Online case
National Institutional Facilitation Technologies (Pvt) Limited
5th Floor, AWT Plaza, I.I. Chundrigar Road, Karachi
______________
35
(Thirty Five)
_________
In physical cases
Signatures
Full Name, _________
NIC Number,_________
Father’s/Husband’s Name ________
Full Address_______________
Occupation____________________