Saturday, August 22, 2020
The Companies Ordinance Essay Example for Free
The Companies Ordinance Essay II. Enrolled OFFICE: The enlisted office of the organization will be arranged be arranged in the territory of Sindh III. Article CLAUSE: The items for which the Company is built up are: 1. To fabricate, treat, produce, process, get ready, pack, bottle, can import, send out, purchase, Sell, showcase, circulate or in any case bargain in any or a wide range of nourishments including without constraint a wide range of crude, handled and arranged food and food items including without restriction dairy items, meat, fish, vegetables, poultry, products of the soil Juices, powders and syrups; 2. To promote all or any of the business and merchandise of the Company in any capacity that might be thought prudent; 3. To open and work accounts, overdraft money, credit and advance records and to keep fixed and different stores with banks, firms, partnerships and organizations, advance workplaces and different concerns; 4. To do all or any of the above things in any piece of the world either as principals, operators, Contractors or in any case and either alone or related to other people, yet not to go about as an overseeing specialist 5. To use cash in investigating and testing and improving or trying to improve any licenses, rights, creation, disclosures, procedures or data of the Company or which the Company may get or propose to secure; IV. Obligation CLAUSE: The risk of the individuals is restricted V. Approved CAPITAL: The approved offer capital of the Company is Rs. 8,500,000,000 (Rupees Eight Billion Five Hundred Million) isolated into 850,000,000 (Eight Hundred Fifty Million) conventional portions of the ostensible estimation of Rs.10.00 (Rupees ten) each with the rights, benefits, and conditions connected. Here to as are accommodated the time being, with capacity to increment and diminish the capital of the Company and to separate the offers in the capital for the present, into a few classes.
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