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(xiv).   “The Ordinance” means the Companies Ordinance of 1984 or any other statutory enactment in place of said Ordinance for the time being in force.

 

(xv).    “Register” means the Register of Members of Chamber kept in pursuance of Section 147 of the Companies Ordinance, 1984.

 

(xvi).   “Resolution of Chamber” means any resolution passed at any meeting  convened to take decision while adhering to the provisions of Section 157 to 173 of the Ordinance.

 

(xvii). “Words indicating the singular number shall, include plural numbers and Vice Versa.  Words signifying persons shall apply mutatis mutandis to firms, corporations or Joint Stock Companies.

 

(xviii). “Words indicating masculine gender shall include feminine gender.

 

3).       

(a).       All other expression defined in the Ordinance shall have the meaning assigned to them in the Ordinance.

 

(b).      When any provision of the Ordinance is referred to, the references shall be to such provision as modified by any statutory enactment for the time being in force.

 

            LIMIT OF MEMBERS

 

4).        For the purpose of registration, the Chamber hereby declares to consist of unlimited number of members.

 

            PURPOSE

 

5).        The Chamber is established for the purposes expressed in the Memorandum of Association.

 

            CLASSIFICATION OF MEMBERS

 

6).        The Membership of the Chamber shall comprise two categories of members, namely:

 

(a).       Corporate Members of the Chamber which are either a Body Corporate or a Multinational Corporation having its Head Office or Branch Office in Pakistan or a Sales Tax Registered Business concern.

 

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