Thursday, February 16, 2017
Monday, February 13, 2017
How to Register an NGO or Walfare Company in Pakistan
The first step
is to seek the availability of the proposed name for the GO.
The following
documents are to be submitted with the Commission.
i.
Application addressed to
Chairman, SEC with Subject: Application for Grant of Licence under section 42
to M/s “……………………………… Foundation” (Proposed)
ii.
A copy of the original paid
Challan of Rs.25,000/- in the authorized branches of Habib Bank Limited or a
Bank Draft / Pay Order drawn of the same amount in favour of the Securities and
Exchange Commission of Pakistan
iii.
Copy of letter of availability of
name (as obtained from Registrar, (CRO)
concerned)
iv.
Documents required under the
Companies (General Provisions and Forms) Rules, 1985 (Rules).
a.
Three (3)
printed copies of Memorandum and Articles of Association required under Rule
6(2)(a). Specimen of Memorandum and Articles of Association is placed on the
Commission’s website.
b.
list of
promoters of the association with their occupations and addresses.
c.
a declaration
by a person specified in sub-rule (2) of rule 4 of the effect that he has scrutinized
the application and the accompanying documents, and that he is satisfied that
the same are drawn up in conformity with the provisions of the Ordinance and
fulfill the conditions for the grant of license laid therein and these rules.
d.
the names of
companies, associations and other institutions in which the promoters of the
proposed association hold any office stating the office held in each case.
e.
if the
association is already in existence, a copy each of the audited balance-sheet,
income and expenditure account and the annual report on the working of the
association for the financial year immediately preceding the date of the
application.
f.
an estimate of
the future annual income and expenditure of the proposed company, specifying
the sources of income and objects of expenditure.
g.
a brief
statement of the work already done by the association or proposed to be done
after its being granted the licence and registration. .
v.
Conditions of licence may be
mentioned in the Memorandum of Association.
vi.
Letter of Attorney (Authority
Letter) on Stamp Paper of appropriate value made by all the promoters in favour
of a person to present the application before the Commission on their behalf,
and to make other amendments, additions, corrections etc in the documents and
also to collect the licence from Securities and Exchange Commission of
Pakistan.
vii.
Bio data of all promoters
viii.
Affidavit on Stamp Paper of
appropriate value duly attested by an Oath Commissioner made by all the
promoters affirming that they are not defaulters of loans etc.
ix.
Affidavit on Stamp Paper of
appropriate value duly attested by an Oath Commissioner affirming contents of
the Application.
x.
Copy of application to be
forwarded by the applicant to the Company Registration Office concerned.
#Copies post
FOR REGISTRATION PLEASE CONTACT
EMAIL. Altaf012@live.com
Attorney at Law
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