Section 8: Qualification of shareholders — Investment Corporation of Pakistan Ordinance, 1966

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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8. Qualification of shareholders.__ (1) No person shall be qualified to be registered as a shareholder who is not, under any law relating to contracts for the time being in force, competent to enter into a contract. (2) If at any time after the registration of a person as a shareholder, it is found that he was not, at the time of registration, qualified to be so registered, he shall not be entitled to exercise any of the rights of a share holder otherwise than for the purpose of sale of his shares under the orders of a competent Court.

Effective date: 1966-01-01

Related sections

Section 7: Register of shareholders. The Corporation shall maintain at its head office a register Section 9: Notice regarding trust. The Corporation shall not enter in its register of shareholders Section 6: Numbering of shares. Every share of the Corporation shall be assigned a number and Section 10: Offices, branches, etc Section 5: Shares deemed to be securities under certain Acts. The shares of the Corporation Section 11: Direction and superintendence

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