MOA

E-COMMERCE

THE COMPANIES ACT, 2017 (XIX of 2017)

(COMPANY LIMITED BY SHARES)

MEMORANDUM

OF

ASSOCIATION

OF

……… Limited/(Private) Limited/(SMC-Private)

Page 1 of 5
 THE COMPANIES ACT, 2017 (XIX of 2017)

(COMPANY LIMITED BY SHARES)

MEMORANDUM OF ASSOCIATION
OF
“_________________________________Limited/(Private) Limited/(SMC-Private) Limited” (Delete
whichever is not applicable).

1. The name of the company is ____________ Limited/(Private) Limited/(SMC-Private) Limited

2. The registered office of the Company will be situated in Islamabad Capital Territory / Gilgit-
Baltistan / in the Province of Punjab / Balochistan / Sindh / Khyber Pakhtunkhwa. (Delete
whichever is not applicable)

3. (i) The Principle line of business of the company shall be to carry on the business of online
shopping of consumer goods and other goods, internet advertising and marketing,
creating virtual malls, stores, shops, shopping catalogs, provide e-commerce services and
e-commerce solutions in all or any one of the following mode i.e., business to business
(b2b), business to consumers (b2c), business-to-government (b2g), government-to-
business (g2b), consumer to consumer (c2c), consumer to government (c2g) , legally
permissible under the Law and to deliver the same to its customers in and outside
Pakistan and to comply with the National e-Commerce Policy including but not limited to
Code of Conduct, Complaint handling procedure of Customers and guide lines issued
thereunder from time to time.

(ii) Except for the businesses mentioned in sub-clause (iii) hereunder, the company may
engage in all the lawful businesses and shall be authorized to take all necessary steps and
actions in connection therewith and ancillary thereto.

Page 2 of 5
 (iii) Notwithstanding anything contained in the foregoing sub-clauses of this clause nothing
contained herein shall be construed as empowering the Company to undertake or indulge,
directly or indirectly in the business of a Banking Company, Non-banking Finance
Company (Mutual Fund, Leasing, Investment Company, Investment Advisor, Real Estate
Investment Trust management company, Housing Finance Company, Venture Capital
Company, Discounting Services, Microfinance or Microcredit business), Insurance
Business, Modaraba management company, Stock Brokerage business, forex, managing
agency, business of providing the services of security guards or any other business
restricted under any law for the time being in force or as may be specified by the
Commission.

(iv) It is hereby undertaken that the company shall not:

(a) engage in any of the business mentioned in sub-clause (iii) above or any unlawful
operation;

(b) launch multi-level marketing (MLM), Pyramid and Ponzi Schemes, or other
related activities/businesses or any lottery business;

(c) engage in any of the permissible business unless the requisite approval,
permission, consent or licence is obtained from competent authority as may be
required under any law for the time being in force.

4. The liability of the members is limited.

5. The authorized capital of the company is Rs___________ (Rupees ___________ only) divided
into ____________ (__________ thousand) ordinary shares of Rs.___/- (Rupees __ only) each.

Page 3 of 5
We, the several persons whose names and addresses are subscribed below, are desirous of being formed
into a company, in pursuance of this memorandum of association, and we respectively agree to take the
number of shares in the capital of the company as set opposite our respective names:

Occupation

Signatures
Name and NIC No. Father's/ Nationality Usual Number of
surname (in case of Husband's (ies) with residential  shares taken
(present & foreigner, Name in any former address in full by each
former) in Passport full Nationality or the subscriber (in

Total number of shares taken (in figures and

Dated the____________ day of_________________, 20___

Witness to above signatures: (For the documents submitted in physical form)

Signature
Full Name (in Block Letters)
Father’s/ Husband’s  name
Nationality
Occupation
NIC No.
Usual residential  address

Page 4 of 5
(Applicable in case of single member company)

I, whose name and address is subscribed below, am desirous of forming a company in pursuance of this
memorandum of association and agree to take the number of shares in the capital of the company as set
opposite my name:

Occupation
Name NIC No. Father's/ Nationality Usual Number of shares

Signature
and (in case of Husband's (ies) with residential  taken by the
surname foreigner, Name in any former address subscriber (in
(present Passport full Nationality in full or figures and

Dated the____________ day of_________________, 20______

Witness to above signatures: (For the documents submitted in physical form)

Signature
Full Name (in Block Letters)
Father’s/ Husband’s  name
Nationality
Occupation
NIC No.
Usual residential  address

Page 5 of 5