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Articles Of Incorporation (Real Estate)

Articles Of Incorporation (Real Estate) Template for Pakistan

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Key Requirements PROMPT example:

Articles Of Incorporation (Real Estate)

"I need Articles of Incorporation (Real Estate) for a new company planning to develop luxury residential properties in Lahore and Islamabad, with an authorized capital of PKR 100 million, expecting to start operations by March 2025."

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Document background
Articles of Incorporation (Real Estate) is a crucial document required when establishing a real estate company in Pakistan. It must be filed with the Securities and Exchange Commission of Pakistan (SECP) and serves as the company's constitutional document, defining its purpose, structure, and operational framework. The document is essential for companies planning to engage in real estate development, property management, or real estate investment activities within Pakistan. It includes specific provisions tailored to real estate operations while ensuring compliance with the Companies Act 2017 and relevant real estate regulations. The document becomes particularly important when seeking business licenses, opening corporate bank accounts, or engaging in property transactions, and serves as a reference point for shareholders, directors, and regulatory authorities.
Suggested Sections

1. Name and Registered Office: States the company name, registered office address, and any branch offices

2. Objects of the Company: Detailed description of business activities, focusing on real estate operations and related activities

3. Limited Liability: Declaration of the company as a limited liability entity and extent of member liability

4. Share Capital: Details of authorized capital, types of shares, and rights attached to different classes of shares

5. Board of Directors: Composition, appointment, removal, powers, and duties of the board

6. Meetings: Procedures for board and shareholder meetings, including notice periods and voting rights

7. Management: Management structure, roles, and responsibilities of key positions

8. Financial Matters: Provisions regarding accounts, audit, and financial management

9. Seal: Provisions regarding the company seal and its use

Optional Sections

1. Foreign Investment Provisions: Include when foreign investment is anticipated, detailing specific procedures and compliance requirements

2. Real Estate Development Projects: Include for companies planning to engage in property development, outlining project management procedures

3. Property Management Services: Include if the company will offer property management services to third parties

4. Branch Offices: Include if the company plans to operate in multiple locations or provinces

5. Joint Ventures: Include if the company anticipates entering into joint ventures for real estate projects

6. Shariah Compliance: Include if the company wants to operate under Islamic financing principles

Suggested Schedules

1. Schedule A - Initial Subscribers: Details of founding shareholders including names, addresses, and shareholding

2. Schedule B - Share Capital Structure: Detailed breakdown of share classes, rights, and initial allocation

3. Schedule C - First Directors: List of initial directors with their details and terms of appointment

4. Schedule D - Property Assets: List of any initial real estate assets being transferred to the company

5. Appendix 1 - Forms of Share Certificates: Templates for share certificates

6. Appendix 2 - Board Resolution Templates: Standard templates for common board resolutions

7. Appendix 3 - Company Seal Specimen: Design and specifications of the company seal

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






































Clauses































Relevant Industries

Real Estate

Property Development

Construction

Property Management

Real Estate Investment

Corporate Services

Legal Services

Real Estate Consulting

Property Leasing

Commercial Property

Residential Property

Relevant Teams

Legal

Corporate Governance

Compliance

Real Estate Operations

Property Management

Business Development

Corporate Affairs

Finance

Administration

Executive Leadership

Company Secretariat

Relevant Roles

CEO

Managing Director

Company Secretary

Legal Counsel

Corporate Lawyer

Real Estate Director

Property Manager

Development Director

Compliance Officer

Board Member

Chief Financial Officer

Operations Director

Real Estate Portfolio Manager

Company Registrar

Corporate Governance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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