Author: Admin

  • Income Tax Reference to High Court

    income Tax Reference to High Court is filed against the order of Appellate Tribunal Inland Revenue under Section 133 of Income Tax Ordinance which says as under :-

    133. — (1) Subject to section 126A, within thirty days of the communication of the order of the Appellate Tribunal or, as the case may be, the Commissioner (Appeals), the aggrieved person or the Commissioner may file a reference, in the prescribed form along with a statement of the case, before the High Court, stating any question of law or a mixed question of law and facts arising out of such order:

    Provided that the applicant shall also file complete record of the Appellate Tribunal or, as the case may be, the Commissioner (Appeals) within fifteen days of preferring an application under this section.

    Explanation.– For the removal of doubt it is clarified that reference against order of the Commissioner (Appeals), communicated after the date of commencement of the Tax Laws (Amendment) Act, 2024 (V of 2024), shall lie before the High Court notwithstanding the proceedings pending prior to the date of commencement of the said Act.

    (2) The statement to the High Court referred to in sub-section (1), shall set out the facts, the determination of the Appellate Tribunal or, as the case may be, the Commissioner (Appeals) and the question of law or a mixed question of law and facts which arises out of its order.

    (3) Where, on an application made under sub-section (1), the High Court is satisfied that a question of law or a mixed question of law and facts arises out of such order referred to in sub-section (1), it may proceed to hear the case.

    (4) A reference to the High Court under this section shall be heard by Special Bench or the Special Benches, as the case may be, to be constituted by the Chief Justice, as deemed necessary for hearing cases under this section, comprising of not less than two judges of the High Court and, in respect of the reference, the provisions of section 98 of the Code of Civil Procedure, 1908 (Act V of 1908), shall apply, so far as may be, notwithstanding anything contained in any other law for the time being in force.

    (5) The Special Bench shall decide a reference within six months from the date of its filing.

    (6) The High Court shall establish a case management system to ensure that sufficient number of Special Benches are constituted, so as to ensure that a reference filed under this section is decided within the stipulated six months.

    (7) The High Court upon hearing a reference under this section shall decide the question of law or a mixed question of law and facts raised by the reference and pass judgment thereon specifying the grounds on which such judgment is based and the Appellate Tribunal’s order or, as the case may be, the Commissioner (Appeals)’s order shall stand modified accordingly.

    (8) The High Court shall send a copy of the judgment under the seal of the High Court to the Appellate Tribunal or, as the case may be, the Commissioner (Appeals).

    (9) Notwithstanding that a reference has been made to the High Court, the tax shall be payable in accordance with the order of the Appellate Tribunal or, as the case may be, the Commissioner (Appeals):

    Provided that the tax recovery shall not be made by the Commissioner for thirty days from the date of communication of the order of the Appellate Tribunal or, as the case may be, the Commissioner (Appeals):

    Provided further that, if the amount of tax is reduced as a result of the judgment in the reference by the High Court and some amount of tax is found to be refundable, the High Court may, on application by the Commissioner within thirty days of the receipt of the judgment of the High Court that he wants to prefer petition for leave to appeal to the Supreme Court, make an order authorizing the Commissioner to postpone the refund until the disposal of the appeal by the Supreme Court.

    (10) On an application filed in a particular reference and after affording an opportunity of being heard to the Commissioner, the High Court may stay recovery of tax, subject to deposit with the assessing authority of not less than thirty percent of the tax determined by the Appellate Tribunal or, as the case may be, the Commissioner (Appeals). Where recovery of tax has been stayed by the High Court by an order, such order shall cease to have effect on the expiration of a period of six months following the day on which it was made unless the reference is decided or such order is withdrawn by the High Court earlier.

    (11) Section 5 of the Limitation Act, 1908 (IX of 1908), shall apply to an application made to the High Court under sub-section (1).

    (12) An application under sub-section (1), by the aggrieved person other than the Commissioner, shall be accompanied by a fee of fifty thousand rupees.

    (13) No application filed by the Commissioner under subsection (1) shall be entertained unless it is accompanied by a written authorization by the relevant Chief Commissioner.

    Contact Us

    Contact us or For more information and articles relating to Pakistani Laws, you may visit our blog

    Irfan Mir Halepota & Associates

    Karachi Office

    Office # E-26, Executive Floor,
    Glass Tower,
    Khayaban-e-Iqbal (Clifton Road),
    Teen Talwar, Clifton,
    Karachi, Sindh,
    Pakistan.


    Mobile Phone No. +92-321-2057582
    Mobile Phone No. +92-300-8233580

    Email: [email protected]
    Website: https://www.irfanlaw.com

    You can Contact Us for detailed consultation.

    Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

    Telephone: 0321-2057582

    Regular Website:  https://www.irfanlaw.com

  • Blessed Friday No Black Friday

    While consumers are busy securing the best online deals on black Friday, it is crucial for them to know their rights while shopping from the stores or making an order online.

    Before you start shopping on the basis of these offers, you must known :

    What are your legal rights when shopping online?

    Can you get a refund or exchange an item if it’s cheaper before the sale?

    How can you avoid a “subscription trap ” ?  

    Top trending during black Friday offers can be like below :-

    1. Apple
    2. Dyson
    3. Airbnb
    4. Tiffany
    5. Classpass

    While searching online Top trending questions during Black Friday are :- 

    1. How long is Black Friday on Amazon?
    2. When does Steam Black Friday start?
    3. When is Zara Black Friday sale?
    4. Is Black Friday a bank holiday?
    5. When does Walmart Black Friday end?

    Top trending Black Friday fashion brands searched on internet are below :-

    1. Aritzia 
    2. Coach
    3. Vuori
    4. Ugg
    5. Lululemon

    Most searched items on black Friday deals 

    1. PS5
    2. TV
    3. iPhone
    4. iPad
    5. Xbox

    People who intend to visit shops search near me for Black Friday deals

    1. Deals
    2. Car deals
    3. PS5
    4. Shoe stores 
    5. Clothing stores

  • Legal action against Viral Videos in Pakistan

    Copyright Infringement

    • If a video uses copyrighted material (music, footage, etc.) without permission, the copyright owner can take legal action.
    • Damages can be claimed, and the video may be removed from platforms.

    Defamation

    • If a video makes false and damaging statements about someone, they can sue for defamation.
    • The person or entity responsible for the video can be held liable for damages.

    Invasion of Privacy

    • If a video invades someone’s privacy (e.g., filming them without consent), they can take legal action.
    • Apart from penal action a suit for for damages can be claimed for emotional distress and other harm.

    Harassment or Bullying

    • If a video harasses or bullies someone, they can report it to authorities or take legal action.
    • Authorities can direct the Platforms to remove such content.

    Trademark Infringement

    • If a video uses someone’s trademark (logo, slogan, etc.) without permission, the trademark owner can take legal action.
    • Damages can be claimed, and the video may be removed from platforms.

    Platform Specific Policies

    • Each social media platform has its own set of community guidelines and terms of service.
    • Violating these policies can result in account suspension, content removal, or other penalties.

    Reporting Viral Videos

    • If you come across a viral video that raises legal concerns, you can report it to:
      • The platform where it’s hosted (e.g., YouTube, Facebook, Tiktok)
      • Authorities (e.g., police, cybercrime units)
      • The person or entity responsible for the video

    Seeking Legal Advice

    • If you’re involved in a viral video controversy or have concerns about a specific video, consult with out team of qualified lawyers.
    • We can provide guidance on your rights, options, and potential legal actions to be taken against the wrong doer.

    We are offering free legal services and guidance to prominent Tiktok star and social media star like Hareem Shah, Minahil Malik, Esha Rana, Isha Rana, Soomal Mohsin, Emsha Rehman, Imsha Rehman, whose videos have gone viral.

    https://irfanlaw.com/

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    http://company-registration-pakistan.irfanlaw.com/

    http://court-marriage.irfanlaw.com/

    http://divorce-lawyer.irfanlaw.com/

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  • شرعی قانون کے تحت طلاق اور خلع

    شریعت میں طلاق کے کئی طریقے ہیں:

    شوہر اور بیوی دونوں اس بات پر متفق ہو جاتے ہیں کہ وہ طلاق کے ذریعے علیحدگی اختیار کرنا چاہتے ہیں، اور پھر شوہر اپنی بیوی کو ایک طلاق کا اعلان کر دیتا ہے اور اگر عدت کی عدت سے پہلے جوڑے میں صلح نہ ہو جائے (تین ماہواری بیوی)، نکاح میں طلاق قائم ہو جائے گی۔

    اکیلا شوہر اپنی بیوی کو طلاق دینا چاہتا ہے۔ ایسی صورت میں شوہر کو اپنی بیوی کو طلاق دینے کا حق حاصل ہے۔

    بیوی اکیلی اپنے شوہر کو طلاق دینا چاہتی ہے۔ اور اس کے لیے طلاق یا خلع حاصل کرنے کے دو طریقے ہیں:

    وہ اپنے شوہر سے درخواست کرتی ہے کہ وہ اب اس کے ساتھ شادی نہیں کرنا چاہتی۔ اور شوہر نے اسے طلاق دینے کا اعلان کر دیا۔

    اگر اس کا شوہر اسے طلاق دینے پر راضی نہیں ہے، تو بیوی کو شرعی عدالت سے رجوع کرنے اور اپنی طلاق کا مقدمہ شرعی جج کے سامنے پیش کرنے کا شریعت میں حق ہے۔ جج پھر شوہر کو طلب کرے گا اور اس سے کہے گا کہ وہ اپنی بیوی کو طلاق کا اعلان کرے اور اسے شادی سے آزاد کرے۔ اگر شوہر کسی وجہ سے انکار کر دے تو شرعی جج کو یہ حق حاصل ہے کہ وہ نکاح میں میاں بیوی کے درمیان طلاق کا اعلان کرے۔

    مزید معلومات کے لیے ہماری ویب سائٹ ملاحظہ کریں۔

    ویب سائٹ کا ہوم پیج: https://www.irfanlaw.com

    عرفان میر ہالیپوتہ
    ایڈووکیٹ سپریم کورٹ پاکستان
  • Areas of Practice

    Areas of Practice

    Few law firms can match the industry experience, legal skill, technical breadth and business knowledge as Irfan Mir Halepota & Associates. We believe in working with you to protect your rights. We provide an integrated service to meet our clients’ needs. With our background, we offer specific expertise in the following areas:

    Intellectual Property
    Copyright
    Domain Names
    Intellectual Property Strategy
    Intellectual Property Searches
    Licensing and Franchising
    Market Survey & Investigation
    Opposition and Rectification
    Patent and Design
    Trade Secrets
    Trademarks
    Unfair Competition

    Litigation
    Administrative and Public Law
    Antitrust/Competition Litigation
    Arbitration and Mediation
    Asset Tracking/Recovery
    Banking and Finance Litigation
    Corporate and Commercial Litigation
    Corporate Fraud Litigation
    Cross Border Litigation
    Insurance Disputes
    Intellectual Property Litigation
    Media Disputes
    Product Liability
    Public Law Litigation
    Real Estate Litigation
    Regulatory Litigation
    Restructuring and Insolvency

    Family Laws
    Court Marriage
    Child custody
    Divorce / Khulla
    Maintenance of Wife and Children
    Guardianship of Child

    Criminal Litigation

    In a short span of time, our Chamber has won the trust and confidence of our clients facing criminal litigation. Our strength is our exposure and insight into the criminal justice system, enabling us to guide our clients at every stage of the case. We pursue the matter soon after the initiation of criminal investigation at the police station to advocacy and representation in the court taking the matter to its logical conclusion and desired results.

    Initiation of Criminal Proceedings

    Private Criminal Complaints

    Harassment Petitions

    Harassment Petitions

    Bail Matters

    Trials

    Appeals

    Criminal Investigation

    Private Investigation

    Miscellaneous Matters

    Contact Us

    Contact us or For more information and articles relating to Pakistani Laws, you may visit our website.

    Irfan Mir Halepota & Associates

    Office # E-26, Executive Floor,
    Glass Tower,
    Khayaban-e-Iqbal (Clifton Road),
    Teen Talwar, Clifton,
    Karachi, Sindh,
    Pakistan.

    Mobile Phone No. +92-321-2057582
    Mobile Phone No. +92-300-8233580

    Email: [email protected]
    Website: https://www.irfanlaw.com

    You can Contact Us for detailed consultation.

    Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

    Telephone: 0321-2057582

    Regular Website:  https://www.irfanlaw.com

  • CRIMINAL LITIGATION IN KARACHI & ISLAMABAD PAKISTAN

    CRIMINAL LITIGATION IN KARACHI PAKISTAN

    OUR LAW FIRM has a highly qualified team of experienced pleaders before the courts in criminal cases. We defend and plead, on behalf of our clients, before all levels of the court in Pakistan in relation to Criminal Cases from the Courts of Magistrates, Sessions Judges, High Courts and Supreme Court of Paksitan.

    OUR legal team have the skills to avoid convictions and achieve acquittals for clients in criminal cases. Generally, we help our clients to navigate all difficulties of criminal proceedings before the criminal courts to create a successful outcome.

    We successfully conduct prosecution and defence in Criminal Cases relating to:

    Our services include but no limited to:

    Murder, Attempted Murder, Hurt of body, Anti-Terrorism, Kidnapping, Abduction for Ransom, Dacoity, Robbery, Theft, Narcotics (Possession and Trafficking) , Spurious Drugs, Fraud, Forgery, Cheating, Embezzlement, Illegal Possession of property and Land Grabbing, Transfer of property by fraudulent manner, Domestic Violence, Acid burning, Criminal Appeals in Higher Courts, Bail Matters and Suspension of Sentences, Private Criminal Complaints, Harassment and Habeas Corpus Petitions, Petitions U/Sec. 22-A, 22-B Cr.PC, Drugs Court Cases, Anti-Narcotics Cases, Passport and Immigration Offences.

    White collar crimes including:

    Accountability Offences, Financial Corruption, Money Laundering, Banking Crimes, Anti-Corruption cases, Cyber-Crimes

    Contact Us

    Contact us or For more information and articles relating to Pakistani Laws, you may visit our website

    Irfan Mir Halepota & Associates

    Office # E-26, Executive Floor,
    Glass Tower,
    Khayaban-e-Iqbal (Clifton Road),
    Teen Talwar, Clifton,
    Karachi, Sindh,
    Pakistan.

    Mobile Phone No. +92-321-2057582
    Mobile Phone No. +92-300-8233580

    Email: [email protected]
    Website: https://www.irfanlaw.com

    You can Contact Us for detailed consultation.

    Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

    Telephone: 0321-2057582

    Regular Website:  https://www.irfanlaw.com

  • Corporate Legal Services Karachi & Islamabad Pakistan

    Corporate Legal Services in Karachi & Islamabad Pakistan

    Corporate law is the body of law developed to govern the creation and existence of corporate entities and commercial transactions. This body of law allows for efficient, predictable and secure agreements and relationships. Corporate law also provides guidance for deciding what type of corporate entity will be best for a particular business situation or circumstance. Through utilizing corporate law, corporations can determine how best to protect the interests of their shareholders and facilitate commercial transactions with customers and lenders. It also contains Offshore Corporate Legal Services, Incorporation, Joint Ventures, Commercial Contracts & Agreements, Large Scale Corporate Transactions, Merges, Acquisitions, Financing, Investment, Corporate Restructuring and Corporate Management Services.

    (more…)

  • Judicial Commission of Pakistan approves appointments of 3 judges to Supreme Court

    Today Judicial Commission of Pakistan approved appointments of two judges of Lahore High Court and one Judge from Sindh High Court to be elevated to Supreme Court.

    The Judicial Commission of Pakistan (JCP) approved the names of the three judges by a majority of 5 to 4. The Judicial Commission of Pakistan (JCP) has recommended three judges for appointment to the Supreme Court, following a meeting chaired by Chief Justice Qazi Faez Isa.

    The commission considered nine candidates for the three vacant positions on the apex court.

    These included six judges from the Lahore High Court, including Chief Justice Malik Shahzad Ahmed, and three judges from the Sindh High Court, including Chief Justice Aqil Abbasi.

    CJP Qazi Faez Isa, law minister, Attorney General for Pakistan, Pakistan Bar Council (PBC) representative, and Justice Aminuddin Khan attended the meeting. 

    The Commission has nominated Lahore High Court Chief Justice Malik Shahzad Ahmad Khan for his elevation to the Supreme Court.

    The Judicial Commission recommended Chief Justice of the Sindh High Court Aqeel Abbasi to be made a judge of the Supreme Court.

    Lahore High Court judge Justice Shahid Bilal is also recommended to be made a Supreme Court judge. The Judicial Commission referred the matter to the Parliamentary Committee for final approval.

  • Share of widow property inheritance rights for widow

    Share of widow in property inheritance is a vested right of a widow

    In Pakistan, a widow’s right to inherit her husband’s property is governed by the Muslim Personal Law (Shariat) Application Act, 1962, and the West Pakistan Muslim Personal Law (Shariat) Application Act, 1962.

    The Law of inheritance is one of the major area of the Family Laws in Pakistan. It is pertinent to mention here that divorce is an embargo to a woman to claim right of inheritance from property of former husband.

    Conditions for Inheritance

    1. Marriage: The widow must have been married to the deceased husband at the time of his death.
    2. Death of Husband: The husband must have died intestate (without a will) or with a will that does not specifically exclude the widow from inheritance.
    3. Property: The property in question must be the husband’s separate property, not joint property or property held in trust.

    Share of the Widow

    1. One-Eighth Share: According to the Muslim Personal Law, a widow is entitled to one-eighth (1/8) share of her husband’s property, provided there are no other heirs.
    2. One-Fourth Share: If there are other heirs, such as children or parents, the widow’s share may be reduced to one-fourth (1/4) of the remaining property after the other heirs’ shares have been deducted.

    Procedure to Claim Share

    1. File a Petition: The widow must file a petition in the relevant court, usually the District Court or the Family Court, to claim her share in the husband’s property.
    2. Provide Documentation: The widow must provide documentation, such as the marriage certificate, death certificate, and proof of the husband’s property ownership.
    3. Establish Heirship: The court will establish the heirship and determine the share of the widow and other heirs, if any.

    Important Notes

    1. Time Limit: The widow must file the petition within the prescribed time limit, usually as early as possible from the date of the husband’s death.
    2. Court Fees: The widow must pay the required court fees to file the petition.
    3. Legal Representation: It is recommended that the widow seek legal representation from a qualified lawyer to ensure her rights are protected.

  • Top Corporate Law Firm in Karachi Pakistan

    The Firm is among the largest and most reputed law firms in Pakistan. With office in Karachi, and close ties to a number of overseas law firms, the Firm is well placed to serve its international clientele.

    While offering its clients the whole range of legal services, the Firm has particular expertise in areas of project finance, mergers and acquisitions, privatizations, power projects, oil and gas projects, infrastructure projects, banking and finance, intellectual property, international trade, anti dumping, telecommunication, construction, mining and pharmaceutical sectors.

    The corporate practice of the Firm is strongly complimented by a litigation division which is well experienced in representing foreign and local clients in litigation and arbitration proceedings in Pakistan and abroad.

    For more information please visit our website

  • The Illegal dispossession Act, 2005

    The Illegal dispossession Act, 2005

    An Act to cure the activities of the property grabbers
    WHEREAS it is obedient to protect the lawful owners and occupiers of immovable properties from their illegal or forcible dispossession therefrom by the property grabbers;

    It is hereby enacted as follows:-
    1. Short title, extent and commencement.—(1) This Act may be called the illegal Dispossession Act, 2005

    (2) It extends to the whole of Pakistan.
    (3) It shall come into force at once.

    2. Definitions.— In this Act, unless there is anything repugnant in the subject or context:-
    (a) “Court” means the court of Session;
    (b) “Code” Means the Code of Criminal Procedure, 1898 (Act V of 1898)
    (c) “Occupier” means the person who is in lawful possession of a property;
    (d) “Owner” means the person actually owns the property at the time of his dispossession, otherwise than through a process of law, and
    (e) “Property” means immovable property.

    3. Prevention of illegal possession of property, etc.—(1) No one shall enter into or upon any property to dispossess, grab, control of occupy it without having any lawful authority to do so with the intention to dispossess, grab, control or occupy the property from owner or occupier of such property.
    (2) Whoever contravenes the provisions of the sub-section (1) shall, without prejudice to any punishment to which he may be liable under any other law for the time being in force, be punishable with imprisonment which may extend to ten years and with fine and the victim of the offence shall also be compensated in accordance with the provisions of section 544 of the Code.

    4. Cognizance of offence.— (1) Notwithstanding anything contained in the Code or any law for the time being in force, the contravention of section 3 shall be triable by the Court of Session on a complaint.
    (2) The offence under this Act shall be non-cognizable.
    (3) The Court at any stage of the proceedings may direct the police to arrest the accused.

    5. Investigation and procedure.—Upon a complaint the Court may direct the officer-in-charge of a police station to investigate and complete the investigation and forward the same within fifteen days to the Court.
    Provided that Court may extend the time within which such report is to be forwarded in case where good reasons are shown for not doing so within the time specified in this sub-section.
    (2) On taking cognizable of a case, the Court shall proceed with the trial from day to day and shall decide the case within sixty days and for any delay sufficient reasons shall be recorded.
    (3) The Court shall not adjourn the trial for any purpose unless such adjournment is in its opinion, necessary in the interest of justice and no adjournment shall in any case be granted for more than seven days.

    6. Power to attach property.—(1) If the Court is satisfied that none of the persons are in possession immediately before the commission of the offence; the Court may attach the property until final decision of the case.
    (2) In case of attachment, the methods of its management safeguard against natural decay or derioration shall be determined by the Court.

    7. Eviction and mode of recovery as an interim relief.—(1) If during trail the Court is satisfied that a person is found prima facie to be not in lawful possession, the Court shall as an interim relief direct him to put the power or occupier as the case may be, in possession.
    (2) Where the person against whom any such order is passed under sub-section (1) fails to comply with the same, the Court shall, notwithstanding any other law for the time being in force, take such steps and pass such order as may be necessary to put owner or occupier in possession.
    (3) The Court may authorize any official or officer to take possession for securing compliance with it orders under sub-section (1). The person so authorized may use or cause to be used such force as may be necessary.
    (4) If any person, authorized by the Court, under sub-section (3) requires police assistance in the exercise of his power under this Act, he may send a requisition to the officer-in-charge of a police station who shall on such requisition render such assistance as may be required.
    (5) The failure of the officer-in-charge of police station to render assistance under sub-section (4 shall amount to misconduct for which the court may direct departmental action against him.

    8. Delivery of possession of property to owner, etc.— (1) On conclusion of trail, if the Court finds that an owner or occupier of the property was illegally dispossessed or property was grabbed in contravention of section 3, the Court may, at any time of passing order under sub-section (2) of that section direct the accused or any person claiming through him for restoration of the possession of the property to the owner or , as the case may be, the occupier, if not already restored to him under section 7.
    (2) For the purpose of subsection (1), the Court may, where it is required, direct the officer-in-charge of the police station for such assistance as may be required for restoration of the possession of the property to the owner or as the case may be, the occupier.

    9. Application of Code.— Unless otherwise provided in this Act, the provisions of the Code of Criminal Procedure, 1898 (v of 1898), shall apply to proceedings under this Act.

    For more information please visit our website

    Website Home page:  https://www.irfanlaw.com

    Irfan Mir Halepota, Advocate Supreme Court of Pakistan

  • Registration of Foreign Company in Pakistan

    Q. What is meant by Foreign Company?

    A. Foreign Company is a company registered outside Pakistan, under a foreign law other than Pakistani law and establishes its place of business in Pakistan.

    Q. Is registration of foreign company is mandatory with Securities & Exchange Commission of Pakistan?

    A. Yes, registration of a foreign company with Securities & Exchange Commission of Pakistan is mandatory.

    Q. Is a foreign company required to obtain any other permission from any other organization for opening and maintaining of its branch/liaison office in Pakistan?

    A. A foreign company desirous of setting up a branch or liaison office is required to obtain permission from the Board of Investment, Government of Pakistan.

    Q. For how long Board of Investment grants permission to open a branch/liaison office of foreign company in Islamic Republic of Pakistan?

    A. The permission for opening of branch/liaison office is granted by the Board of Investment for an initial period of three to five years. Copy of such permission letter is required to be furnished with the documents meant for registration of a foreign company.

    Q. After expiry does branch/liaison need permission again from Board of Investment?

    A. Yes, after expiry renewal/extension of the permission to open/maintain a branch/liaison office is also required to be obtained from the Board of Investment on the expiry of the validity period of the permission originally granted. Whenever such renewal/extension is granted, a copy must be furnished to the Registrar SECP concerned. Further extension is granted after reviewing the performance of the entity during the initial period.

    Q. Can a foreign company adopt any name it likes or if there are any restrictions?

    A. Foreign Company can establish a principal place of business in Pakistan in the name of the company registered in the country of origin.

    Q. Memorandum and Articles of Association of a foreign company, is in language other than English will Securities & Exchange Commission of Pakistan will accept them?
    A. According to Rule 23 of Companies (General Provisions and Forms) Rules, 1985, if the document constituting charter, statute or memorandum and articles of association is not in English or Urdu, duly certified translation in English or Urdu language is required to be provided. Where any such translation is made outside Pakistan it shall be authenticated by the signature and seal of the public officer or Notary Public in the country where the company is incorporated, provided that signature or seal of the person so certifying shall be authenticated by a Pakistan diplomatic consular or consulate officer.

    Q. Within how many days foreign company is required to deliver requisite documents to the Registrar Securities & Exchange Commission of Pakistan?
    A. Every foreign company which establishes a place of business in Pakistan has to deliver the requisite documents to the registrar concerned within thirty days of establishment of a place of business in Pakistan.

    Q. What type of certification is required for the documents constituting or defining the constitution of a foreign company?

    A. As per Rule 22 of Companies (General Provisions and Forms) Rules, 1985 a copy of any charter, statute, memorandum, articles or other instrument, constituting or defining the constitution of a foreign company is required to be duly certified by:-

    • the public officer in the country where the company is incorporated to whose custody the original is committed; or

    • a Notary Public of the country where the company is incorporated; or

    • an affidavit of a responsible officer of the company in the country where the company is incorporated.

    The signature and seal of the official referred above or the certificate of the Notary Public referred above shall be authenticated by a Pakistani diplomatic consular or consulate officer.

    Q. Whether a foreign company is required to file any document to the registrar concerned on change or alteration therein?

    A. Yes, foreign company is required to notify registrar on any change or alteration of the documents.

    Q. What is meant by Global Accounts?

    A. Global accounts are the accounts which a foreign company files with the authorities in country of origin. If a foreign company is not required to file the Accounts in country of origin, it shall prepare Global Accounts and get the same audited for purpose of filing of such accounts under the Companies Ordinance, 1984 like a public company.

    Q. Are there any statutory obligations for the foreign companies?

    A. According to Companies Ordinance, 1984 a foreign company is required to comply with the statutory obligations i.e.

    To maintain at its principal place of business in Pakistan a register of Pakistani members and debenture holders, directors and officers, which shall be open to inspection.

    In every prospectus inviting subscriptions for its shares or debentures in Pakistan, state the country in which the company is incorporated.

    Conspicuously exhibit on the outside of every place where it carries on business in Pakistan the name of the company and the country in which the company is incorporated in letters easily legible in English or Urdu characters and also, if any place where it carries on business is beyond the local limits of the ordinary civil jurisdiction of a High Court, in the characters of one of the vernacular language used in that place. Cause the name of the company and of the country in which the company is incorporated mentioned in legible English or Urdu characters in all bill-heads and letter papers, and in all notices, advertisements, documents and other official publication of the company.

    If the liability of the members of the company is limited, cause notice of that fact to be stated in legible English or Urdu characters in every prospectus inviting subscription for its shares, all letter papers, bill heads, notices, advertisements, and other official publications of the company in Pakistan, and to be exhibited on the outside of every place where it carries on business in Pakistan.

    Q. Is there any exclusion to foreign companies to deliver accounts?

    A. No there is no exclusion, all foreign companies must deliver accounts in Pakistan, and accounts would be prepared and adjusted like a public company.

    Q. Are provisions of Companies Ordinance 1984 for registration of mortgage and charges are also applicable to foreign companies?

    A. Yes, all the provisions of Companies Ordinance, 1984, as applicable to other companies, relating to the registration of mortgage and charges are also applicable to a foreign company.

    Q. Does books of account to be kept by a foreign company?

    A. According to section 230 of the Companies Ordinance, 1984 every company shall keep at its registered office proper books of account, the provisions of the said section also apply to the foreign companies.

    Q. Do a foreign company need to intimate registrar before closure of its business in Pakistan?

    A. Any foreign company at least thirty days before it intends to cease to have any place of business in Pakistan give a notice of intention to the concerned registrar and publish a notice of such intention at least in two daily newspapers circulating in the Province or Provinces in which such place or places of business are situate. As from the date of intention to cease to have any place of business in Pakistan stated in the notice, unless the said date is by a similar notice altered, the obligation of the company to deliver any document to the registrar shall cease, provided it has no other place of business in Pakistan.

    Q. If a foreign company having an established place of business in Pakistan goes into liquidation in the country of origin then what procedure is to be adopted in Pakistan?

    A. If a foreign company having an established place of business in Pakistan goes into liquidation in the country of its incorporation then it shall within thirty days give notice thereof to the registrar, and simultaneously publish a notice at least in two daily newspapers circulating in the Province or Provinces in which its place or places of business are situated and furnish to the registrar within thirty days of the conclusion of the liquidation proceedings all returns relating to the liquidation and the liquidation account in respect of such portion of the company’s affairs as relates to its business in Pakistan. Publish a statement on every invoice, order, bill-head, letter paper, notice of other publication in Pakistan that the company is being wound up in the country of its incorporation. Where a company has been dissolved, ceased then no person shall after the date of such dissolution or cessation, carry on, or purport to carry on , any business in Pakistan in the name or on behalf of such company.

    Q. If a foreign company in Pakistan fails to comply with provisions of Companies Ordinance, 1984 is there any penalty?

    A. If any foreign company fails to comply with any of the provisions of the Companies Ordinance, 1984 then, the company and every officer or agent of the company who knowingly or willfully authorizes or permits the default, shall be liable to fine.

    Q. Are foreign companies are required to be registered with tax authorities in Pakistan?

    A. Yes, Liaison/Branch office is required to be registered with the Tax Authorities in Pakistan.