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		<title><![CDATA[Accountancy Forum - Corporate Governance]]></title>
		<link>https://www.accountancy.com.pk/forum/</link>
		<description><![CDATA[Accountancy Forum - https://www.accountancy.com.pk/forum]]></description>
		<pubDate>Thu, 05 Nov 2026 10:58:16 +0000</pubDate>
		<generator>MyBB</generator>
		<item>
			<title><![CDATA[Counting the # of days for notice for memers meeting]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-counting-the-of-days-for-notice-for-memers-meeting</link>
			<pubDate>Sun, 23 Aug 2015 11:45:25 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=12152">Akhrot student</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-counting-the-of-days-for-notice-for-memers-meeting</guid>
			<description><![CDATA[<img src="https://www.accountancy.com.pk/forum/images/smilies/exclamation.gif" alt="Exclamation" title="Exclamation" class="smilie smilie_15" /> The companies ordinance states that a 21 days notice is required for members meeting. Some other countries use the term of "clear days"? in Pakistan i have not seen such concept. If the AGM is on 21st January will the dispatching of notice on 1st January be OK?]]></description>
			<content:encoded><![CDATA[<img src="https://www.accountancy.com.pk/forum/images/smilies/exclamation.gif" alt="Exclamation" title="Exclamation" class="smilie smilie_15" /> The companies ordinance states that a 21 days notice is required for members meeting. Some other countries use the term of "clear days"? in Pakistan i have not seen such concept. If the AGM is on 21st January will the dispatching of notice on 1st January be OK?]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Lawyer for a Private Ltd Company]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-lawyer-for-a-private-ltd-company</link>
			<pubDate>Wed, 21 Jan 2015 04:40:27 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=11905">Omeir Shakil</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-lawyer-for-a-private-ltd-company</guid>
			<description><![CDATA[I work in a private ltd company, we are thinking of retaining a council for our legal matters. Can any one guide us as to what should we consider before retaining a council? It can be like a checklist. Also what areas of legal expertise should we consider before retaining a council.<br />
<br />
Looking forward to views.]]></description>
			<content:encoded><![CDATA[I work in a private ltd company, we are thinking of retaining a council for our legal matters. Can any one guide us as to what should we consider before retaining a council? It can be like a checklist. Also what areas of legal expertise should we consider before retaining a council.<br />
<br />
Looking forward to views.]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[AGM and members..]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-agm-and-members</link>
			<pubDate>Sun, 30 Oct 2011 00:00:55 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10011">tahmans</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-agm-and-members</guid>
			<description><![CDATA[As per the companies ordinance, a public LISTED company requires atleast 3 members and 7 directors to operate..<br />
<br />
question 1- If there are 3 members, how can there be 7 directors?? so effectively, for a public listed company, there should be atleast 7 members all of whom are directors for it to commence....this means initially the subscribers to the memorandum should be 7... true? if not, where am i wrong?<br />
<br />
<br />
For an AGM, a public listed company requires 10 members present personally having atleast 25% voting power personally or in proxy..<br />
<br />
question 2- If there are 7 directors (or 3 members), how can the AGM be held, as the quorum would not be there..the 10 members requirement would not be fulfilled..??<br />
<br />
]]></description>
			<content:encoded><![CDATA[As per the companies ordinance, a public LISTED company requires atleast 3 members and 7 directors to operate..<br />
<br />
question 1- If there are 3 members, how can there be 7 directors?? so effectively, for a public listed company, there should be atleast 7 members all of whom are directors for it to commence....this means initially the subscribers to the memorandum should be 7... true? if not, where am i wrong?<br />
<br />
<br />
For an AGM, a public listed company requires 10 members present personally having atleast 25% voting power personally or in proxy..<br />
<br />
question 2- If there are 7 directors (or 3 members), how can the AGM be held, as the quorum would not be there..the 10 members requirement would not be fulfilled..??<br />
<br />
]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Serive Contract with Non Resident]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-serive-contract-with-non-resident</link>
			<pubDate>Mon, 10 Oct 2011 15:44:44 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=4664">Star</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-serive-contract-with-non-resident</guid>
			<description><![CDATA[Dear All,<br />
<br />
Can anyone tell me what would be requirements of SBP, if a resident company enters into a service agreement with Non-Resident Company in Foreign country..<br />
<br />
In this contract, resident company will provide service and will earn...<br />
<br />
Regards,<br />
<br />
*]]></description>
			<content:encoded><![CDATA[Dear All,<br />
<br />
Can anyone tell me what would be requirements of SBP, if a resident company enters into a service agreement with Non-Resident Company in Foreign country..<br />
<br />
In this contract, resident company will provide service and will earn...<br />
<br />
Regards,<br />
<br />
*]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Where is managment]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-where-is-managment</link>
			<pubDate>Tue, 04 Oct 2011 11:20:47 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-where-is-managment</guid>
			<description><![CDATA[Dear managment i m nt happy with your work bcoz whn i ve joined this forum it was properly maintained by you, but now for the last few months you are failed to manage the site. extra and bogas materials are being posted on and nothing is being done by you in that connection.<br />
<br />
i ve learnt alot from this site kindly save this important learning source.<br />
<br />
Thanks]]></description>
			<content:encoded><![CDATA[Dear managment i m nt happy with your work bcoz whn i ve joined this forum it was properly maintained by you, but now for the last few months you are failed to manage the site. extra and bogas materials are being posted on and nothing is being done by you in that connection.<br />
<br />
i ve learnt alot from this site kindly save this important learning source.<br />
<br />
Thanks]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Research Journal on Corporate Governance]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-research-journal-on-corporate-governance</link>
			<pubDate>Fri, 30 Sep 2011 17:24:24 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10501">qryasser</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-research-journal-on-corporate-governance</guid>
			<description><![CDATA[Dear Colleague,<br />
 <br />
The current issue (September 2011) of the International Journal of Governance (IJG) is out. You can view <br />
<br />
<br />
it with this link http//ijgmagzine.com/index.php/ijg/issue/current<br />
 <br />
<br />
International Journal of Governance (IJG) is a multidisciplinary peer-reviewed journal that will be published quarterly to increasing the depth of the subject across disciplines with the ultimate aim of expanding knowledge of the subject.<br />
<br />
<a href="http://www.ijgmagzine.com" target="_blank" rel="noopener" class="mycode_url">www.ijgmagzine.com</a>]]></description>
			<content:encoded><![CDATA[Dear Colleague,<br />
 <br />
The current issue (September 2011) of the International Journal of Governance (IJG) is out. You can view <br />
<br />
<br />
it with this link http//ijgmagzine.com/index.php/ijg/issue/current<br />
 <br />
<br />
International Journal of Governance (IJG) is a multidisciplinary peer-reviewed journal that will be published quarterly to increasing the depth of the subject across disciplines with the ultimate aim of expanding knowledge of the subject.<br />
<br />
<a href="http://www.ijgmagzine.com" target="_blank" rel="noopener" class="mycode_url">www.ijgmagzine.com</a>]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[forigen company (branch office pak) accounts]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-forigen-company-branch-office-pak-accounts</link>
			<pubDate>Tue, 09 Aug 2011 12:26:21 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-forigen-company-branch-office-pak-accounts</guid>
			<description><![CDATA[Aoa<br />
All members as usuall new question?<br />
<br />
what do we mean by filling of <br />
A/ Global accounts?<br />
B/ form 45 operation in pakistan accounts?<br />
most important and last<br />
<br />
C/ list of pakistani members and debentures means?who are they ?<br />
]]></description>
			<content:encoded><![CDATA[Aoa<br />
All members as usuall new question?<br />
<br />
what do we mean by filling of <br />
A/ Global accounts?<br />
B/ form 45 operation in pakistan accounts?<br />
most important and last<br />
<br />
C/ list of pakistani members and debentures means?who are they ?<br />
]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Suit Against SECP]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-suit-against-secp</link>
			<pubDate>Sat, 23 Jul 2011 21:11:47 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-suit-against-secp</guid>
			<description><![CDATA[Aoa all members<br />
specially AWAIS BHAI<br />
<br />
 Question;-<br />
<br />
Can we file suit for declaration permanent injunction or  any Civil suit against SECP?<br />
<br />
if NO thn why?]]></description>
			<content:encoded><![CDATA[Aoa all members<br />
specially AWAIS BHAI<br />
<br />
 Question;-<br />
<br />
Can we file suit for declaration permanent injunction or  any Civil suit against SECP?<br />
<br />
if NO thn why?]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[extension of time in accounts filing]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-extension-of-time-in-accounts-filing</link>
			<pubDate>Fri, 01 Jul 2011 17:20:13 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-extension-of-time-in-accounts-filing</guid>
			<description><![CDATA[Aoa<br />
<br />
members plz tell me that can we get extension in time for filling accounts of foreign company.<br />
<br />
<br />
<br />
<br />
kamran bhai awais bhai koi tu reply kerain na<br />
]]></description>
			<content:encoded><![CDATA[Aoa<br />
<br />
members plz tell me that can we get extension in time for filling accounts of foreign company.<br />
<br />
<br />
<br />
<br />
kamran bhai awais bhai koi tu reply kerain na<br />
]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[remedy for company name]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-remedy-for-company-name</link>
			<pubDate>Wed, 29 Jun 2011 19:23:26 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-remedy-for-company-name</guid>
			<description><![CDATA[AOA<br />
All members<br />
and laptop bhai and fasil bhai<br />
<br />
Plz ans me as early as possible<br />
<br />
I ve applied for company name which was reserved for me for ninety days, but at the last day of expiry some one using my letter(photocopy) and apply for incorporation fraudulently.<br />
now plz guide me what to do now<br />
should i file a writ?<br />
thanks]]></description>
			<content:encoded><![CDATA[AOA<br />
All members<br />
and laptop bhai and fasil bhai<br />
<br />
Plz ans me as early as possible<br />
<br />
I ve applied for company name which was reserved for me for ninety days, but at the last day of expiry some one using my letter(photocopy) and apply for incorporation fraudulently.<br />
now plz guide me what to do now<br />
should i file a writ?<br />
thanks]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Powers and liabilities of trustees.. Sec 119(2)]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-powers-and-liabilities-of-trustees-sec-119-2</link>
			<pubDate>Wed, 15 Jun 2011 12:02:31 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10111">bilalfca</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-powers-and-liabilities-of-trustees-sec-119-2</guid>
			<description><![CDATA[salam to all<br />
<br />
what does Sec 119(2) means<br />
<br />
quote<br />
<br />
"where a suit is brought under clause (a) or clause (b) of sub-section (!) the court may at its discretion stay the suit and all the proceedings therein notwithstanding any contract to the contrary, until the trustee has exhausted all his available remedies against the mortgaged property or what remains of it unless the trustee abandons his security and, if necessary, re-transfers the mortgaged property"<br />
<br />
unquoted]]></description>
			<content:encoded><![CDATA[salam to all<br />
<br />
what does Sec 119(2) means<br />
<br />
quote<br />
<br />
"where a suit is brought under clause (a) or clause (b) of sub-section (!) the court may at its discretion stay the suit and all the proceedings therein notwithstanding any contract to the contrary, until the trustee has exhausted all his available remedies against the mortgaged property or what remains of it unless the trustee abandons his security and, if necessary, re-transfers the mortgaged property"<br />
<br />
unquoted]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Power to re-issue redeemed debentures in.. Sec 116]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-power-to-re-issue-redeemed-debentures-in-sec-116</link>
			<pubDate>Wed, 15 Jun 2011 11:55:14 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10111">bilalfca</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-power-to-re-issue-redeemed-debentures-in-sec-116</guid>
			<description><![CDATA[salam to all members.<br />
<br />
someone plz guide me on this Sec 116 (1)<br />
<br />
quote<br />
<br />
"where either before or after the commencement of this ordinance a company has redeemed any debentures previously issued, unless the articles or the conditions of issue expressly otherwise provide, or unless the debentures have been redeemed in pursuance of any obligation on the company so to do, not being an obligation enforceable only by the person to whom the redeemed debentures were issued or his assigns,  shall have power, and shall be deemed always to have had power, to keep the debentures alive for the purpose of re-issue....................... not previously bee issued"<br />
<br />
unquoted.<br />
<br />
"or unless the debentures have been redeemed in pursuance of any obligation................................ or his assigns,"  what does the it mean?<br />
someone plz elaborate it...<br />
<br />
thnx<br />
]]></description>
			<content:encoded><![CDATA[salam to all members.<br />
<br />
someone plz guide me on this Sec 116 (1)<br />
<br />
quote<br />
<br />
"where either before or after the commencement of this ordinance a company has redeemed any debentures previously issued, unless the articles or the conditions of issue expressly otherwise provide, or unless the debentures have been redeemed in pursuance of any obligation on the company so to do, not being an obligation enforceable only by the person to whom the redeemed debentures were issued or his assigns,  shall have power, and shall be deemed always to have had power, to keep the debentures alive for the purpose of re-issue....................... not previously bee issued"<br />
<br />
unquoted.<br />
<br />
"or unless the debentures have been redeemed in pursuance of any obligation................................ or his assigns,"  what does the it mean?<br />
someone plz elaborate it...<br />
<br />
thnx<br />
]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[post requirement of pvt company]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-post-requirement-of-pvt-company</link>
			<pubDate>Tue, 14 Jun 2011 13:49:56 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10627">skhkhurram</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-post-requirement-of-pvt-company</guid>
			<description><![CDATA[AOA<br />
PLZ<br />
tell me what are the post reqirements of pvt ltd company after its incorporation.<br />
<br />
wht forms are to filled in secp after incorporation]]></description>
			<content:encoded><![CDATA[AOA<br />
PLZ<br />
tell me what are the post reqirements of pvt ltd company after its incorporation.<br />
<br />
wht forms are to filled in secp after incorporation]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[can a director be employee?]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-can-a-director-be-employee--9960</link>
			<pubDate>Sat, 11 Jun 2011 01:02:22 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=7240">ah_s@msn.com</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-can-a-director-be-employee--9960</guid>
			<description><![CDATA[Dear All, I have  a confusion i.e. whether a employee can be a director or not?]]></description>
			<content:encoded><![CDATA[Dear All, I have  a confusion i.e. whether a employee can be a director or not?]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Subsidiary or Associate]]></title>
			<link>https://www.accountancy.com.pk/forum/thread-subsidiary-or-associate</link>
			<pubDate>Thu, 12 May 2011 15:57:25 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.accountancy.com.pk/forum/member.php?action=profile&uid=10584">chmamir</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.accountancy.com.pk/forum/thread-subsidiary-or-associate</guid>
			<description><![CDATA[AOA <br />
<br />
Kindly help me in the following matter<br />
<br />
'A' and his/her spouse 'B' holds 70% (30+40) in a listed company 'ABC' and none holds office of Director/CEO in ABC.<br />
<br />
ABC holds 49% shares in a Private Limited Company 'XYZ'.<br />
<br />
A and B holds 27% shares in XYS.<br />
<br />
What is relation between ABC and XYZ (i.e. subsidiary or associate)<br />
<br />
Regrads<br />
<br />
Amir]]></description>
			<content:encoded><![CDATA[AOA <br />
<br />
Kindly help me in the following matter<br />
<br />
'A' and his/her spouse 'B' holds 70% (30+40) in a listed company 'ABC' and none holds office of Director/CEO in ABC.<br />
<br />
ABC holds 49% shares in a Private Limited Company 'XYZ'.<br />
<br />
A and B holds 27% shares in XYS.<br />
<br />
What is relation between ABC and XYZ (i.e. subsidiary or associate)<br />
<br />
Regrads<br />
<br />
Amir]]></content:encoded>
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