Section 6: Application for registration — Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980

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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6. Application for registration.__ (1) A company which is eligible for registration as a modaraba company may make an application for registration to the Registrar in such form and with such documents as may be prescribed. (2) The Registrar, if he is satisfied after such enquiry and after obtaining such further information as he may consider necessary that the applicant is eligible for registration and that it is in the public interest so to do, may grant registration to such company on such conditions as he may deem fit. (3) In particular and without prejudice to the generality of the powers conferred by sub-section (2), such conditions may include__ (i) investments to be made; (ii) information and returns to be furnished to the Registrar; (iii) business to be undertaken; and (iv) restriction on transfer of shares by promoters, sponsors or persons holding controlling interest. PART III PROVISIONS APPLICABLE TO MODARABAS

Effective date: 1980-01-01

Related sections

Section 5: Eligibility for registration Section 7: Types of modaraba Section 4: No company to operate without registration. No Modaraba company shall operate without Section 8: Creation and maintenance of modaraba Section 3: Appointment of Registrar. The Federal Government may, by notification in the official Section 9: Religious Board. The Federal Government shall, for the purposes of the Ordinance,

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