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Appendices
Name

Designation

e-Mail Address No.
Khalid A. Mirza Chairman khalid.mirza@secp.gov.pk 92-51-9204841
Shahid Ghaffar Commissioner (SMD) shahid .ghaffar@secp .govpk 92-51-9204314
M. Zafar-ul-Haq Hijazi Commissioner (CLAD) zafar.hijazi @secp.gov.pk 92-51-9206513
Abdul Rehman Qureshi Commissioner (SSD and EMD) rehman.qureshi@secp.gov.pk 92-51-9202692
Etrat H. Rizvi Commissioner (SCO and ID) etrat.rizvi@secp.gov.pk 92-51-9224670
Haroon Sharif Executive Director (Chairman Secretariat) haroon.sharif@secp.gov.pk 92-51-9208647
Mohamaad Hayat Jasra Executive Director (CLAD) hayat.jasra@secp.gov.pk 92-51-9207637
Sadia Khan Executive Director (SCD) sadia.khan@secp.gov.pk 92-51-9205869
M.Javed Panni Executive Director (SSD) javed.panni@secp.gov.pk 92-51-9204811
ShafaatAhmad Executive Director (ID) shafaat.ahmad@secp.gov.pk 92-51-9208887
Rashid Sadiq Executive Director (EMD) rashid.sadiq@secp.gov.pk 92-51-9212084
Rahat Kaunain Hassan General Counsel rahat.kaunain@secp.gov.pk 92-51-9205588
M.Ayub Qureshi Director (S-1) ayub.qureshi@secp.gov.pk 92-51-9202913
Aamir Masood Director (S-11) aamir.masood@secp .gov.pk 92-51-9207598
Abbas Hassan Kizilbash Director (SMD) abbas. kizi lbash@sec p. gov. pk 92-51-9214006
M. Ishaq Mallal Registrar of Companies (CLAD) ishaq.mallal@secp.gov.pk 92-51-9206514
Nazir A. Shaheen Additional Registrar (CLAD) nazir.shaheen@secp.gov.pk 92-51-9203606
S. Fayyaz Mahmood Director (CLAD) fayyaz.mahmood@secp.gov.pk 92-51-9207648
Umar Hayat Khan Reg istrar (Modarabas) umar.hayat@secp.gov.pk 92-51-9210211
Iram Butt Director (Leasing) i lam. butt@secp. gov. pk 92-51-9212050
Jaweria Ather Director (Accounting) jaweria .ather@secp .gov.pk 92-51-9218597
Atta Muhammad Khan Director (EMD) atta.khan@secp.gov.pk 92-51-9210309
Ashfaq A Khan Director (EMD) ashfaq.khan@secp.gov.pk 92-51-9206515
Imran Bashir Director (EMD) imran.bashir @secp.gov.pk 92-51-9207091
Waseem Irshad Director (Human Resource) waseem.irshad@secp.gov.pk 92-51-9205713
Tariq Bakhtawar Director (Finance) tariq.bakhtawar@secp.gov.pk 92-51-9209707
Tahir Mahmood Additional Registrar, CRO Karachi crokhi@khi.paknet.com.pk 92-21-2415855
M. Siddique Additional Registrar, CRO Lahore crolhr@lhr.paknet.com.pk 92-42-9200274
M. Musharraf Joint Registrar, CRO Islamabad croisb@isb.paknet.com.pk 92-51-9208740
ShaukatHussain Joint Registrar, CRO Peshawar cropsh@psh.paknet.com.pk 92-91-9213178
Mudassar Rahim Join (Registrar, CRO Faisalabad crofsb@fsd.paknet.com.pk 92-41-9220284
Asif Hussain Deputy Registrar, CRO Multan cromul@mul.paknet.com.pk 92-61-9200920
Saeedullah Deputy Registrar, CRO Quetta croqta@qta.paknet.com.pk 92-81-844136

Appendix-C

List of Companies Licensed to Undertake Specialized Business

Leasing Companies
1. Asian Leasing Corporation Limited*
2. Askari Leasing Limited
3. Capital Assets Leasing Corporation Limited
4. Crescent Leasing Corporation Limited
5. Dawood Leasing Company Limited
6. Dadabhoy Leasing Company Limited* (under liquidation)
7. English Leasing Limited*
8. First Leasing Corporation Limited
9. Grays Leasing Limited
10. Ibrahim Leasing Limited
11. Inter Asia Leasing Company Limited
12. International Multi Leasing Corporation Limited
13. Lease Pak Limited
14. National Asset Leasing Corporation Limited*
15. National Development Leasing Corporation Limited
16. Natover Lease and Refinance Limited
17. Network Leasing Corporation Limited
18. Orix Leasing Pakistan Limited
19. Pacific Leasing Company Limited
20. PakApex Leasing Company Limited
21. Pakistan Industrial and Commercial Leasing Limited
22. Pak Gulf Leasing Company Limited
23. Paramount Leasing Limited
24. PILCORP
25. Security Leasing Corporation Limited
26. Sigma Leasing Corporation Limited
27. Trust Leasing Corporation Limited
28. Union Leasing Company Limited
29. Saudi Pak Leasing Company Limited
30. Universal Leasing Corporation Limited

* License to undertake leasing business has been cancelled.

Investment Banks/ DFIs with Leasing Licenses
1. AI-Meezan Investment Bank Limited
2. First International Investment Bank Limited
3. Pak Oman Investment Company (Private) Limited
4. Pakistan Industrial Credit and Investment Corporation Limited
5. Saudi Pak Investment and Agricultural Company (Private) Limited
6. SME Bank Limited

Modarabas
1. AI-Zamin Leasing Modaraba
2. B.F. Modaraba
3. BRR International Modaraba
4. Fayzan Manufacturing Modaraba
5. Financial Link Modaraba
6. FirstAllied Bank Modaraba
7. First AI-Noor Modaraba
8. First Constellation Modaraba
9. First Crescent Modaraba
10. First Custodian Modaraba
11. First Dadabhoy Modaraba
12. First Elite Capital Modaraba
13. First Equity Modaraba
14. First Fidelity Leasing Modaraba
15. First General Leasing Modaraba
16. First Grindlays Modaraba
17. First Habib Bank Modaraba
18. First Habib Modaraba
19. First Hajveri Modaraba
20. First I BL Modaraba
21. First lmrooz Modaraba
22. First lnterfund Modaraba
23. First Islamic Modaraba
24. First Mehran Modaraba
25. First National Modaraba
26. First Pak Modaraba
27. First Paramount Modaraba
28. First Premier Modaraba
29. First Professionals Modaraba
30. First Prudential Modaraba
31. First Punjab Modaraba
32. First Tawakkal Modaraba
33. First Tri-Star Modaraba
34. First UDL Modaraba
35. Guardian Modaraba
36. Industrial Capital Modaraba
37. Long Term Venture Capital Modaraba
38. Modaraba AI-Mali
39. Modaraba AI-Tijarah
40. Schon Modaraba
41. Second Prudential Modaraba
42. Second Tri-Star Modaraba
43. Third Prudential Modaraba
44. Trust Modaraba
45. Unicap Modaraba
46. Unity Modaraba

Modaraba Companies
1. A.R. Management Services (Private) Limited
2. A.R.T. Modaraba Management (Private) Limited
3. Allied Management Services (Private) Limited
4. AI-Mal Corporation
5. AI-Noor Modaraba Management (Private) Limited
6. AI-Zamin Mod. Management (Private) Limited
7. ARKS Modaraba Management (Private) Limited
8. B.R.R. Investment Services Limited
9. Bankers Equity Limited
10. Clip Management (Private) Limited
11. Constellation Management Company (Private) Limited
12. Crescent Business Management (Private) Limited
13. Crescent Financial Services (Private) Limited
14. Crescent Modaraba Company Limited
15. Custodian Management Services (Private) Limited
16. D.G. Modaraba Management (Private) Limited
17. Dadabhoy Modaraba Management (Private) Limited
18. Dewan Mushtaq Business and Financial and Services (Private) Limited
19. E.A. Management (Private) Limited
20. Equity International (Private) Limited
21. Excel Services (Private) Limited
22. Faysal Management Services (Private) Limited
23. Fidelity Capital Management (Private) Limited
24. Financial Link Limited
25. General Modaraba Services (Private) Limited
26. Greaves Modaraba Services (Private) Limited
27. Grindlays Services of Pakistan (Private) Limited
28. Guardian Modaraba Management (Private) Limited
29. Habib Bank Financial Services (Private) Limited
30. Habib Modaraba Management Limited
31. I.B.L. Mod. Management (Private) Limited
32. Ibrahim Modaraba (Private) Limited
33. Islamic Investment Bank Limited
34. Markaz Tijarat-e-lslami
35. Masood Modaraba Management (Private) Limited
36. Muslim Corn. Financial Services (Private) Limited
37. Nation Wide Modaraba (Private) Limited
38. National Bank Modaraba Management Company Limited
39. National Development Leasing Corporation
40. National Modaraba Company (Private) Limited
41. National Technology Development Corporation Limited
43. Nazo Management (Private) Limited
42. NIT Management Services (Private) Limited
44. Olympic Modaraba Company (Private) Limited
45. Pakistan Industrial Development Financial Services Limited
46. Pakistan Paper Sack Corporation Limited
47. Paramount Investments Limited
48. PICIC Fund Management Services (Private) Limited
49. Premier Financial Services (Private) Limited
50. Premier Modaraba Management (Private) Limited
51. Professionals Mod. Management Company (Private) Limited
52. Providence Modaraba Limited
53. Prudential Capital Management Limited
54. Punjab Modaraba Services (Private) Limited
55. Royal Management Services (Private) Limited
56. Safeway Business Management (Private) Limited
57. Schon Management (Private) Limited
58. Sitara Modaraba Management (Private) Limited
59. Tawakkal Management (Private) Limited
60. Technology Venture (Private) Limited
61. Thai Jute Mills Limited
62. Trust Management Services (Private) Limited
63. UDL Modaraba Management (Private) Limited
64. United Bank Financial Services (Private) Limited
65. Unity Modaraba Management (Private) Limited
66. Universal Management Services (Private) Limited

Investment Corn panics (Closed-end Mutual Funds)
1. AI-Meezan Mutual Fund Limited
2. Asian Stock Fund Limited
3. BSJS Balanced Fund Limited
4. Dominion Stock Fund Limited
5. First Capital Mutual Fund Limited
6. Golden Arrow Mutual Fund Limited
7. Growth Mutual Fund Limited
8. KASB Premier Fund Limited
9. Prudential Stock Fund Limited
10. Safeway Mutual Fund Limited
11. Tri-Star Mutual Fund Limited

Unit Trust Schemes (Open-end Mutual Funds)
1. National Investment Trust of Pakistan
2. Pakistan Income Fund
3. Pakistan Stock Market Fund
4. Unit Trust of Pakistan

Investment Advisors
1. ABAMCO Limited
2. Abbasi Investment (Private) Limited
3. Aims Investment Advisor Company (Private) Limited
4. AI-Faysal Investment Bank Limited
5. Allied Dunbar Pak (Private) Limited
6. AI-Meezan Investment and Financial Services Limited
7. ANZ Capital Pakistan (Private) Limited
8. ArifHabib Securities Limited
9. Asian Capital Management (Private) Limited
10. Asian Securities Fund Management (Private) Limited
11. Atlas Investment Bank Limited
12. Beg Associates (Private) Limited
13. BMA Capital Management Limited
14. Capital Market Consultants (Private) Limited
15. Capital Securities Management (Private) Limited
16. Confidence Financial Services Limited
17. Crescent Capital Management (Private) Limited (Formerly Shoaib Capital (Private) Limited
18. Crescent Investment Bank Limited
19. Dominion Financial Services (Private) Limited
20. Escorts Investment Bank Limited
21. Fidelity Investment Bank Limited
22. Finex Securities (Private) Limited
23. First Capital Equities Limited (Formerly First Capital AMN AMRO Equities (Pakistan) Limited
24. First Capital Investment (Private) Limited
25. Genesis Securities (Private) Limited
26. Global Investment Services (Private) Limited
27. Golden Arrow Investmentand Research (Private) Limited
28. Indosuez W. I. Carr Securities (Private) Limited (Ex-Name Can- Mashriq (Private) Limited)
29. Inter Securities Management (Private) Limited
30. International Asset Management Company Limited
31. International Investment and Financial Services Limited

(now Investec Securities ((Private) Limited)
32. Invest Capital Securities Limited
33. Islamic Investment Bank
34. Jardin Fleming Pakistan (Private) Limited
35. KhadimAli Shah Bukhari Limited
36. Mansha Mohsin Inv. Advisor (Private) Limited
37. Mercantile Financial Management. Services (Private) Limited
38. Multiple Inv. Management (Private) Limited
39. Pace Capital Consulting (Private) Limited
40. Premier Investment (Private) Limited
41. Professional Securities Management (Private) Limited
43. Proficient Capital Management (Private) Limited
42. Progressive Financial Services (Private) Limited
44. Prudential Fund Management Limited
45. Ramada Investors Services Limited
46. Safeway Fund (Private) Limited
47. Security Fund Management Limited
48. Silver Securities (Private) Limited
49. SISL Financial Services
50. Spencer Securities (Private) Limited (Formerly Global Investment Advisors Limited)
51. Stock Links Investment Management (Private) Limited
52. Taurus Securities Limited
53. Tri-Star Investment (Private) Limited
54. Trust Investment Bank Limited
55. United Asset Management Company Limited
56. Vital Capital Market Limited
57. Zenith Securities (Private) Limited

Asset Management Companies
1. ABAMCO Limited
2. Arif Habib Investment Management Limited
3. National Investment Trust
4. United Asset Management Company Limited

Venture Capital Companies

1. TMT Ventures Limited

Credit Rating Companies
1. Pakistan Credit Rating Agency Limited
2. JCR -VIS Credit Rating Company Limited

Appendix- D

Statistics Pertaining to CROs

During the year under review, 1,183 new companies were registered under the Companies Ordinance, 1984. These comprised 28 non-listed public companies, 1,093 private companies, 18 associations not for profit, one guarantee limited company without share capital, 39 foreign companies and four trade organizations.

a) Province-wise Detail of Companies Registered During the Financial Year 2002
TYPE OF COMPANIES PUNJAB   BALOCHISTAN N.W.F.P. TOTAL

 

 ISLAMABAD

SINDH

      
Companies limited by shares:          
Public 18 9 - 1 28
Private 823 421 11 38 1,093
Companies limited by guarantee, not-for-profit associations and trade organizations 16 7     23
Foreign companies 28 11 - - 39
TOTAL 685 448 11 39 1,183

b) Province-wise Detail of Registered Companies
TYPE OF COMPANIES PUNJAB AND SINDH BALOCHISTAN N.W.F.P. TOTAL

 

 ISLAMABAD        
Companies limited by shares:

 

        
Public 1450 1,274 58 121 2,903
Private 21,381 15,578 338 2,494 39,791
Companies limited by guarantee          
and not-for-profit associations 184 229 13 15 441
Foreign companies 335 300 3 9 647
Companies with unlimited liability 5

 

 1

 

 6
' 23,335 17,381 413 • 43,788

c) Pattern of Authorized Capital of Newly Registered Companies
Below Rs. 0.5 million 55
Rs. 0.5 million and above but below Rs. 1 million 232
Rs. 1 million arri above but below Rs. 2.5 million 442
Rs. 2.5 million and above but below Rs. 5 million 73
Rs. 5 million arri above but below Rs. 10 million 111
Rs. 10 million and above 208
TOTAL 1,121

d) Sectoral Pattern of Newly Registered Companies Limited by Shares
Commercial Banks 2
Investment Banks/ Companies -
Leasing Companies -
Asset Management Companies -
Modaraba Management Companies 1
Brokerage Houses 16
Investment Advisors 2
Insurance Companies 1
Textiles Spinning 15
Textile Wsaving 23
Textile Composite and Others 55
Synthetic Rayon 2
Woolen 1
Jute -
Sugar and Allied 3
Cement -
Tobacco 2
Fuel and Energy 32
Power Generation 2
Engineering 22
Auto and Allied 8
Electrical and Electronics 12
Transport 41
Communication 124
Chemical and Pharmaceuticals 99
Paper and Board 8
Ghee and Cooking Oil 4
Construction 18
Housing and Real Estate 4
Food and Allied 46
Leather and Tanneries 5
Miscellaneous 603
TOTAL 1,121

e) Orders and Circulars Issued to CROs
S. No. •
1 Order No.600(34)RCP/2001 dated July 6, 2001: report of daily incorporation of companies.
2 Order No.60Q(2)RCP/2001-639 dated July 9, 2001: submission of monfrily progress report of CROs to Headquarters in Islamabad.
3 Order No.600(43)RCP/2001-734 dated July 19, 2001: discontinuation of daily incorporation report.
4 Order No.600(2)RCP/2001 -774 dated July 24, 2001: statements to be furnished by CROs to Headquarters.
5 Order No.SEC/Misc/AR/120/2001-796 dated July 26, 2001: affairs of modaraba management companies.
6 Order dated September 7, 2001: amount credited in the account of the Commission by liquidators on account of winding up of companies.
7 Order No.602(145)RCP/2001 dated September 13, 2001: instructions regarding data entry in the CRS.
8 Order No.21(33)RCR/2001/1452 dated October 16, 2001: incorporation of security companies with exclusive objects of security business.
9 Older No.602(210)RCP/2001/1539 dated October 24,2001: information sought by the Ministly of Interior regarding registration of Non- Government Organizations.
10 Order No.602(144)RCP/2001/1598 dated November 1,2001: withdrawal ofadmiristrative instructions imposed on companies engaged in the businessof housing estates development/colony organizations of sales of plots etc.
11 Order No.Misc/RCP/HQ/5/94 dated November 22, 2001: companies formed by foreigners.
12 Order No.13(84)RCP/2001/1976dated December 12,2001: regulations of public companies limited by shares and limited by guarantee.
13 Order No.602{117)RCP/2001/2098 dated January 3, 2002: issuance of letters and maintenance of  register/ reeoid relating to defaulter companies under the Companies Regularization Scheme.
14 Order No.602(1)RCP/2002/40 dated January 4, 2002: list of foreign companies.
15 Order No.600(2)RCP/2001/151 dated January 21,2002: revised format of monthly returns containing tables 1 to15.
16 Notification No.466(1)RCP/2001 dated January 24,2002: amerriments in the Companies (Registration Offices) Regulations, 1986.
17 Order No. 602(6)RCP/88/234 dated January 28, 2002: calling of information under Section 261 of the Companies Ordinance, 1984.
18 Order No.602(6)RCP/88 dated February 7, 2002: approval of tour program.
19 Order No.602(6)RCP/88-324 dated February 8, 2002: functioning of the CROs.
20 Order No.602(43)RCP/2001/357dated February 13,2002: maintenance of record of revenue figures.
21 Order No.602(117)RCP/2001-4Q3 dated February 19,2002: Companies Regularization Scheme for foreign companies.
22 Order No.602(6)RCP/88408 dated February 19, 2002: disposal of backlog accumulated in CROs.
23 Order No.602(117)RCP/2001-481 dated March 1, 2002: implementation of the Companies Regularization Scheme.
24 Order No.602(87)RCP/2001 dated March 4, 2002: supply of promoters guide.
25 Order No.CLD/602(25)2002-915 dated March 5, 2002; new filing system and disposal procedure at CROs.
26 Order No.602(6)RCP/88-528dated March 7,2002: compliance with the instructions of Headquarters.
27 Order No.602(6)RCP/88 dated March 27, 2002 backlog of companies'returns received and lying unrecorded at CROs.
28 Order No.602(6)RCP;88-535 dated April 2, 2002: computer training ofCRO staff.
29 Order N0.01-0/620(1)2002 -547 dated April 3, 2002: issuance of letters and maintenance of record relating to defaulter companies under the Companies Regularization Scheme during extended period and Companies Easy Exist Scheme.
30 Order No.602(6)RCP<88-559 dated April 4, 2002: maintenance of proper registers to record daily progress in removing backlog of companies' returns.
31 Order No.602(129)RCP/2001 dated April 10, 2002: updating the companies' record in the CRS.
32 Order No.600(2) RCP/2001/675 dated April 17, 2002: statements to be furnished by CROs to Headquarters.
33 Order No. CLD/620(1)2002/763 dated May 2,2002: Companies Easy Exit Scheme.
34 Order No.6Q2(129)RCP/2002/811 dated May 9, 2002: reconciliation of data in the ORS database with monthly statements.
35 Order No.602(117)RCP/2001/845 dated May 13, 2002: Companies Easy Exist Scheme.
36 Order No. CLD/820(1)2002-902 dated May 17, 2002: Companies Easy Exit Scheme.
37 Order No.602(129)RCP/2001 dated May 29,2002: updating companies' records in the ORS.
38 Order No.6Q2(129)RCP/2001 dated May 29,2002: Companies Regularization Scheme database training programme at CROs.
39 Order No. CLD/602(78)2002/981 dated May 31, 2002: performance audit.
40 Order No. CLD/602(6)88/1073 Dated June14, 2002: issue of commencement of business certificate.
41 Order No. CLD/602(86)20Q2 dated June 26,2002; comprehension of company law and the Companies Regularization Scheme.

 
S. No.

1 Circular No.602(117)RCP/2001/2098 dated December 31,2001: Companies Regularization Scheme.
2 Circular No.2 of 2002 dated January 31, 2002: Companies Regularization Scheme.
3 Circular No.F1(1)Misc/CL/2002 dated March 19,2002: quick disposal of cases/reminders.
4 Circular No. CLD/Co. Misc/1/2002 dated March 27, 2002: submission of Para wise comments by CROs on petitions filed by companies under Sections 21 and 44 of the Companies Ordinance, 1984.
5 Circular No.7 of 2002 dated April 1, 2002: Companies Easy Exit Scheme and extension in period of Companies Regularization Scheme.
6 Circular No.8 of 2002 dated April 16, 2002 Companies Easy Exit Scheme and extension in period of Companies Regularization Scheme.
7 Circular No.9 of 2002 dated April 29, 2002 Companies Easy Exit Scheme and extension in period of Companies Regularization Scheme.
8 Circular No.10 of 2002: extension in period of Companies Easy Exit Scheme.