06-24-2006, 08:14 AM
Well i can answer ur first query on my practical experience. As i have done the audit of biggest microfinance NGO of Pakistan and prudential regulations doesnt apply on them.
and regarding the companies ordinance, an NGO registered under section 42 of the companies ordiance can provide microfinance services(again on practical experience). If u want a specific reference from law, tell me. I will try to arrange for u.
and regarding the companies ordinance, an NGO registered under section 42 of the companies ordiance can provide microfinance services(again on practical experience). If u want a specific reference from law, tell me. I will try to arrange for u.
