AN ASSOCIATION SET UP

UNDER SECTION 42 OF THE COMPANIES ORDIANNCE 1984

 ARTICLES OF ASSOCIATION

 OF THE

 PAKISTAN FOOTWEAR MANUFACTURERS ASSOCIATION

(Licensed under the Trade Organizations Ordinance, 2007)

(XXXI of 2007)

REGULATIONS

1).     The Regulations contained in Table C of the First Schedule to the Companies Ordinance, 1984 (XLVII of 1984) shall not apply to the Association except as laid down herein.


DEFINITIONS

2).     In the Articles unless there is any thing repugnant in the subject or context.

(i).     “Association” means  Pakistan Footwear Manufacturers Association

(ii).     “Member” means a business concern whether Sole Proprietorship, Partnership, Association of Persons, or a Company admitted as Associate or Corporate member of the Association.

(iii)      “associate member” means a member of a trade organization which is not body corporate or a multinational or a sales tax registered manufacturing concern or a sales-tax-registered business concern having annual turn over of Rs. 50 million or above;

(iii)       “corporate member” means a member of a trade organization which is either a body corporate or a multinational corporation with its head office or branch office in Pakistan or a sales-tax registered manufacturing concern or a sales-tax-registered business concern having annual turn-over of Rs. 50 million or above;      

(iii).     “General Meeting” means a meeting of General Body whether ordinary, special or extraordinary.

(iv).     “The Article” means the Articles of Association.

(v).     “The Chairman” the chairman of the Association.

(vi).     “The Bye-laws” means the Bye-Laws of the Association for the time being in force.

(vii).     “The Committee” means the Executive Committee of the Association elected under these Articles and include any Regional Committee or Sub-Committee of the Association appointed by the Association.

(viii).     “Office Bearers” means the Chairman and Vice Chairman of the Trade Organization.

(viii)     “Northern Zone” means the province of Punjab, North West Frontier Province and Islamabad Capital Territory;

(ix)       “Southern Zone” means the province of Sindh and Baluchistan

(ix).     The “Secretary General” means the Secretary General of the Association.