Any seven or more persons associated for any lawful purpose may, by
subscribing their names to the Memorandum of Association and
complying with the requirements of the Companies Ordinance, in
respect of the registration, form a public company, and any two or
more persons, so associated may, in like manner, form a private
company.
Prior approval of the ministries (which regulate their respective
functions) noted against each category of the following specified
nature of companies is required before incorporation of such
companies. |