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Single Member Company

  • 9 May, 2021

Single Member Company or SMC is a private company which has only one member/director and which has the privileges of limited liability. It has facilitated sole proprietorships to obtain corporate status. All the shares are vested with single member/director. The creation of SMCs was first allowe...

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Banking Laws in Pakistan

  • 7 Jun, 2021

Banking law is a special area of law and only selected legal practitioners have expertise in Banking law. Following laws are important in the banking sector for instance: (a) Governing Banking Practice and Procedure Financial Institutions (Recovery of Finances) Ordinance, 2001; (b) Bankers Book o...

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Criminal Trial in Pakistan

  • 7 Jun, 2021

The process of criminal trials from the reporting of an alleged offence to the conviction or acquittal of an accused over a subsequent charge is as follows: Cognizable offences are either reported to the police or other law enforcement agencies or anti-corruption bodies, depending on the relevant j...

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Filing Returns - A Compulsory Obligation

  • 3 Jun, 2021

Filing of Returns is a compulsory obligation...

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Filing a Consumer Complaint before Consumer Court

  • 17 Jun, 2021

The Consumer may file case / claim before Authority/DC or Consumer Court which is headed by the District & Session judge. Steps for Filing Consumer Complaint: 1. 15-Days Legal Notice to Service Provider: Consumer should serve a fifteen days legal notice on plain paper to the provider of defective...

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Right to Inheritance - Women in Pakistan

  • 16 Aug, 2021

A brilliant initiative for women to apply for their inheritance rights....

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