THE COMPANIES ORDINANCE, 1984
(COMPANY LIMITED BY SHARES)
Memorandum of Association
of
ABC INFORMATION TECHNOLOGY CONSULTANCY SERVICES (PRIVATE)
LIMITED
I.
The name of the Company is ABC Information Technology Consultancy (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 establish and run data processing centers, computer centers, software development
centers, offices and to provide consultancy and data processing software development
services, both application packages and operating systems and other services, and to impart
training of electronic data processing, computer software and hardware to customers and
others and to buy, sell, export, import of software, hardware and establishment of incidental
infrastructural facilities, subject to permission of relevant authorities.
2. To provide or take up Information technology related assignments, offering services on-site/
offsite or through development centers, providing solutions/ packages/ services, to undertake
IT enabled services like call center management, data processing, accounting, HR and payroll
processing, data warehousing and database management.
3. To carry on the business of manufacturing, dealing and maintenance of computer hardware,
computer systems and assemble data processors, program designs and to buy, sell or
otherwise deal in such hardware and software packages and all types of tabulating machine,
accounting machines, calculators, computerized telecommunication systems and network,
their components, spare parts, equipments and devices and to offer equipment, solutions and
services for networking and network management, data centre management and in providing
consultancy and advisory services in all above mentioned areas.
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
CNIC No. Father’s/
Nationality(ies)
N
and
(in
with any former
address in shares
o.
Surname
of
Nationality
full
(present
foreigner
each
&
Passport
subscriber
former)
No.)
case Husband’s
Name in full
Occupation
Residential
Number of Signatures
taken
by
in full (in
Block
Letters)
1
AB
12354-
Gh
Pakistani
1456877-
Trading
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
35
(Thirty Five)
Dated the ----- day of -------Witness to above signatures.
------------
In Online cases
National Institutional Facilitation Technologies (Pvt.) Limited
5th Floor, AWT Plaza, I.I. Chundrigar Road, Karachi
______________
In physical cases
Signatures
Full Name, _________
NIC Number,_________
Father’s/Husband’s Name ________
Full Address_______________
Occupation____________________