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Short M/A

Communication & IT related



Memorandum of Association

(Please enter Name of the Company)


Memorandum of Association


Name of the Company

I. The name of the Company is -------------------------

II. The Registered Office of the Company will be situated in Islamabad Capital
Territory/in the Province of Punjab/Baluchistan/Sindh/Khyber Pakhtunkhwa. (Delete
whichever is not applicable).

III. The objects for which the Company is established are to carry on all, or any one
or more, of the following businesses in all or any of their various aspects:

1. To carry on all or any of the business of establishing, developing, expanding,

enhancing, managing and operating telecommunication systems including
systems signals, data or messages of any and all kinds and to carry on and
extend the business of Telecommunication or any part thereof.

2. To borrow or raise money by means of loans or other legal arrangements from

banks, or other financial institutions, or Directors in such manner as the
Company may think fit and in particular by issue of debentures, debenture
stock, perpetual or otherwise convertible into shares and to mortgage, or
charge the whole or any part of the property or assets of the Company, present
or future, by special assignment or to transfer or convey the same absolutely
or in trust as may seem expedient and to purchase, redeem or payoff any such

3. To guarantee the performance of contract and obligations of the Company in

relation to the payment of any loan, debenture-stock, bonds, obligations or
securities issued by or in favour of the Company and to guarantee the payment
or return on such investments.

4. To open accounts with any bank or banks and to draw, make , accept, endorse,
execute, issue, negotiate and discount cheques, promissory notes, bills of
exchange, bills of lading, warrants, deposit notes, debentures, letter of credit,
and other negotiable instruments and securities.

5. Notwithstanding anything contained in the foregoing sub-clauses of this

clause nothing contained herein shall be construed as empowering the
Company to undertake or indulge, directly or indirectly in the business of a
Banking Company, Non-banking Finance Company (Mutual fund, Leasing,
Investment Company, Investment Advisor, Real Estate Investment Trust,
Housing Finance Company, Venture Capital Company, Discounting Services),
Insurance Business, Modaraba management company, Stock Brokerage
business, real estate business, managing agency, business of providing the
services of security guards or any other business as restricted under the law.

6. It is hereby declared that the company shall not:

a. undertake any of the business mentioned in sub-clause (3) above or

any unlawful operation.

b. launch multi-level marketing (MLM), Pyramid and Ponzi

Schemes, or other related activities/businesses or any lottery

c. undertake any of the permissible business unless the requisite

approval, permission, consent or license is obtained from competent
authority as may be required under any law for the time being in

IV. The liability of the members is limited.

V. The authorized capital of the company is Rs. ------------ (Rupees ----------- only)
divided into -------- (-----------) Ordinary shares of Rs. ------- each with power to
enhance, reduce or consolidate the share capital and to divide the shares of the
company into different classes and kinds subject to the provisions of the
Companies Ordinance, 1984.
We, the several persons whose names and addresses are subscribed, are desirous of being
formed into a company, in pursuance of this memorandum of association, and we respectively
agree to take the number of shares in the capital of the company set opposite our respective

S. Name NIC No. Fathers/ Nationality(ies) Occupation Residential Number of Signatures

No. and (in case of Husbands with any former address in shares
Surname foreigner, Name in full Nationality full taken by
(present Passport each
& former) No.) subscriber
in full (in

1 ---- ---------- ------- - ----------- ---------- -------- ------

2 -------- ----------- ----------- ----------- --------- ------------ ---------

3 ---------- --------- ---------- --------- ----------- -------------- ------------

Total number of shares taken
Dated the ----- day of --------

Witness to above signatures.

In Online case

National Institutional Facilitation Technologies (Pvt.) Limited

5th Floor, AWT Plaza, I.I. Chundrigar Road, Karachi