Section 4: Share capital — 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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4. Share capital.__ (1) The authorised share capital of the Corporation shall be twenty crores of rupees divided into twenty lakh ordinary shares of one hundred rupees each. (2) The paidup share capital of the Corporation shall, in the first instance, be five crores of rupees fully paidup, and may, with the approval of the 1[Federal Government], be increased from time to time. (3) Shares of the Corporation shall be offered for subscription to the constituent institutions and general public as may be decided by the 1[Federal Government]. (4) The shares of the Corporation shall be listed on each Stock Exchange in Pakistan as the Board of Directors determines.

Effective date: 1966-01-01

Related sections

Section 3: Establishment and incorporation Section 5: Shares deemed to be securities under certain Acts. The shares of the Corporation Section 2: Definitions. In this Ordinance, unless there is anything repugnant in the subject or Section 6: Numbering of shares. Every share of the Corporation shall be assigned a number and Section 1: Short title, extent and commencement Section 7: Register of shareholders. The Corporation shall maintain at its head office a register

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