Companies Act, 2017

PART-VII

MISCELLANEOUS PROVISIONS REGARDING INVESTMENTS, CONTRACTS OFFICERS AND SHAREHOLDINGS, TRADING AND INTERESTS

From: 2023-11-01 - To: 0000-00-00 203. Company to have official seal for use abroad- (1) A company 1[that has a common seal] may have an official seal for use outside Pakistan. (2) The official seal 2[must be a facsimile of the company’s common seal, with the addition on its face of] the name of every territory where it is to be used. 3[(3) The official seal when duly affixed to a document has the same effect as the company’s common seal.] (4) A company having such an official seal may 4[, by writing under its common seal,] authorise any person appointed for the purpose in any territory not situate in Pakistan to affix the same to any deed or other document to which the company is party in that territory. (5) The authority of any such agent shall, as between the company and any person dealing with the agent, continue during the period, if any, mentioned in the instrument conferring the authority, or if no period is mentioned therein, then until notice of the revocation or determination of the agent’s authority has been given to the person dealing with him. (6) The person affixing any such official seal shall, by writing under his hand, on the deed or other document to which the seal is…