Companies Ordinance, 2016Executive Summary
A number of new definitions added and some existing definitions are amended to bring clarity. Several of these terms are already in use in code of corporate governance and general…
Comments on Companies Ordinance, 2016
The companies' law is the primary and mother law for the businesses to be run under the corporate sector. Other laws, including banking laws etc rely on this primary law…
Role of shell companies in corrupt transactions
The term "shell company" generally refers to limited liability companies and other business entities with no significant assets or ongoing business activities. Shell companies are formed for both legitimate and…
Big US companies weigh risks from Brexit
Rattled by the Brexit shock, major US companies are seeking more clarity about the future of the British market, their preferred entry port to Europe. From clothing chain stores to…
SC seeks report on use of funds by oil, gas companies
ISLAMABAD: The Supreme Court on Wednesday sought a comprehensive report from the provinces on spending of funds received from the oil and gas companies.The court directed the advocate generals of…
German companies in China: Business as usual won’t work any longer
German companies doing business in China are increasingly pessimistic. Nevertheless, the Chinese economy could still get by with few ill effects, despite slowing growth. The fat years in China are…
Ability of holding companies to recover past paid VAT
The question of ability of holding companies to recover VAT on costs connected with the acquisition of shares in subsidiaries they manage has been decided by the European Court of…
Oil companies played hardball in bid to defeat climate outsiders
Petty legal filings. Diversionary ballot measures. Counting abstentions as no votes. These are just some of the tactics US oil companies used this spring to quash efforts by investors to…
Simpleton’s handbook on companies
This one is a whopper; a company is a person. Nope, this is not a line out of a political manifesto to be ignored completely; a company is a legal…
Food companies, restaurants add protein to beef up profits
Though diet studies disagree about what's worse for you, carbohydrates or fat, most say nice things about eating protein, including its potential for better weight control. US consumers have taken…
