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The City District Government Lahore (CDGL) established Lahore Waste Management Company under section 42 of the companies ordinance 1984 on 19 March 2010. LWMC is governed by a Board of Directors (BOD), headed by a Chairman.
The PBC is a not-for-profit entity, registered under Section 42 of the Companies Ordinance 1984. Though it is not required under the law to do so, the PBC follows to the extent possible, the Code of Corporate Governance as applicable to listed companies. Objectives of the PBC: The major objectives of the PBC as stated in its founding documents are:
The Ordinance also provides legal protection and regulates the business community of Pakistan, with the SECP keeping a close check on financial and corporate entities to insure stakeholder’s interest. [2] The previous Indian Companies Act 1913 was in practice for the same purposes.
It gives the scholarship to bright students which cannot afford their fees. The Punjab Educational Endowment Fund (PEEF) is an initiative of the Government of Punjab. In order to make it more efficient, transparent and autonomous in its functioning, it is registered under section 42 of the Companies Ordinance, 1984.
APTPMA was registered with Federal Ministry of Commerce on July 5, 1990, under the Trade Organizations Ordinance 1961 and also registered under section 42 of the Companies Ordinance 1984. In July 1991, Association started operations with its headquarters at Faisalabad.
Asian Human Rights Development Organization is established in Pakistan under section 42 of The Companies Ordinance, 1984, It is generally accepted to be the first human rights organization registered with the federal government for nationwide operations. The Organization has been working in Pakistan since 1999.
WASHINGTON (Reuters) -The U.S. Commerce Department on Friday added 42 Chinese companies to a government export control list over their support for Moscow's military and defense industrial base ...
After years of revision of the Companies Ordinance, a system of reserving company’s name had been introduced in Section 20A of the Companies Ordinance in 1977. The period of reservation for both newly established company and existing company was three months. Extending for extra three months of the period of reservation could be applied. [7]