12-10-2006, 07:47 PM
Hey Friend,
I think I can answer some of your Questions,
Ans 1.
Subscribers to memorandum are the person who sign the memorandum for the incorporation of the company. They are called subscribers because they are actually subscribing to SECP or the Registrar for the incorporation of the company. The subscribers are required to hold at least one share in the company. They are the founders of the company.
Ans 3.
A modarba and a modarba company are different. A modarba is a type of fund and modarba company actually manages that fund that's why it is called modarba management company. The modarba and the modarba company have separate balance sheets.
I am not clear about your question 2. In what context are you asking this. May be someone else can help..
Hope the answers will help you to some extent.
Bye[)]
I think I can answer some of your Questions,
Ans 1.
Subscribers to memorandum are the person who sign the memorandum for the incorporation of the company. They are called subscribers because they are actually subscribing to SECP or the Registrar for the incorporation of the company. The subscribers are required to hold at least one share in the company. They are the founders of the company.
Ans 3.
A modarba and a modarba company are different. A modarba is a type of fund and modarba company actually manages that fund that's why it is called modarba management company. The modarba and the modarba company have separate balance sheets.
I am not clear about your question 2. In what context are you asking this. May be someone else can help..
Hope the answers will help you to some extent.
Bye[)]
