Pakistan Doing Business Reform
To strengthen the dispute resolution mechanism in order to resolve disputes within trade organizations. Licensing and regulating trade organizations strictly in accordance with the laid down criteria to block the emergence of fake trade organizations, which might defeat the purpose of the law. The directors are responsible for compliance with the statutory requirements regarding preparation and maintenance of proper books of account and circulation of financial statements that give a true and fair view. Soap Boxes Currently Browsing: Business The first directors have the right to hold office until the election of directors in the first annual general meeting. A proforma statement of account showing net balance payable/receivable signed by the manager or an authorised officer of the applicant company duly confirmed by the beneficiary. Documentary evidence regarding payment made to the overseas suppliers in respect of goods purchased in replacement shall be submitted to the State Ba