THE COMPANIES ORDINANCE, 1984
(COMPANY LIMITED BY SHARES)
Memorandum of Association
of
ABC TRADING (PRIVATE) LIMITED
I.
The name of the Company is ABC Trading (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 carry on the business as traders, suppliers of products and commodities
and material in any form or shape manufactured, semi-manufactured, raw
materials or supplied by any company, firm, association of persons, body,
whether incorporated or not, individuals, government, semi-government or
any local authority, as permissible under the law and subject to permission
of relevant authorities.
2.
To carry on the business of importing, exporting, buying, selling and
dealing in goods, materials, substances, articles and merchandise of all
kinds in, from and to any part of the world, whether as principal or as
agent;
3.
To carry on business of wholesalers, indenting agents and manufacturer’s
representatives, sales representatives either on commission or on
commission and profit sharing basis of all kinds of goods and materials, as
permissible under the law.
4.
To receive goods on consignment, from any company, firm, association of
persons, body, individuals, government, semi-government or any local
authority/abroad and sell the same as agents or as principal.
5.
To establish, purchase, take on lease or otherwise acquire and run shops,
showrooms, trading outlets, distributing centers or depots at any place in
Pakistan and/or abroad.
6.
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.
7.
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.
8.
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.
9.
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.
10.
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.
11.
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 or the time being in force, 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
Father’s/
CNIC
No.
(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
______________
In physical cases
35
(Thirty Five)
_________
------------
Signatures
Full Name, _________
NIC Number,_________
Father’s/Husband’s Name ________
Full Address_______________
Occupation____________________