Dishonouring of Cheque
Dishonoring of Cheque or Cheque Bounce : FAQs What are the conditions that make the dishonouring of a cheque an offence in Pakistan? When cheque is issued dishonestly by one person to the other. In what circumstances is the dishonouring of a cheque not an offence in Pakistan? Each case has its own facts and…
Read MoreRegistration of Foreign Companies in Pakistan
Law governing registration of foreign companies in Pakistan Foreign companies are subject to the requirements of Sections 434 to 443 of the Companies Act, 2017 [“Act”]. In this behalf, Securities and Exchange Commission of Pakistan [“SECP”] has issued S.R.O. 1224 (I)/2018 dated 5 October, 2018 where under it has issued Foreign Companies Regulations, 2018 [“Regulations”].…
Read MoreCreation and Registration of Trust under Trust Laws of Pakistan
Law of Trust in Pakistan The Trusts Act 1882 (the “Act”) provides the law related to trusts in Pakistan. A trust under the Act may be created for any lawful purpose by a person competent to contract. The person who creates the trust is referred to as the “Author of the trust”. The Author can…
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