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Numbering of shares. Every share of the Corporation shall be assigned a number and \r\nshall be distinguished by such number. \r\n7. Register of shareholders. 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Board.__ (1) The Board shall consist of the following Directors, namely:__ \r\n(a) the Chairman to be appointed by the 1[Federal Government]; \r\n(b) four persons to be appointed by the 1[Federal Government] of whom two shall \r\nbe from amongst persons serving under the 1[Federal Government] and two \r\nfrom amongst the s","quote_sha256":"7077c9d624758c4df383c6af792b660e79f3af365a6c34a245f9b080495e7f36","reader_fragment":"p-10553-12337-a95e697892544e8f","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-10553-12337-a95e697892544e8f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-12-10998","evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":9529,"character_end":9539,"quote":"section 12","quote_sha256":"e4b869cb69b403d5a2bc605acb922cd43a6dbe77a7785efb3166364a3b2917dc","reader_fragment":"p-8766-10553-e322f72f34fc4ab4","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-8766-10553-e322f72f34fc4ab4","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":9359,"character_end":9769,"quote":"ce. __ (1) The general direction and superintendence of \r\nthe affairs and business of the Corporation shall vest in a Board of Directors constituted in accordance \r\nwith section 12 which may exercise all such powers and do all such acts and things as may be exercised \r\nor done by the Corporation and are not, by this Ordinance, expressly directe d or required to be done \r\nby the Corporation in general meetin","quote_sha256":"ae4fa81782ce576740edd5eeba2825ec9f7505b2f9e574992aa8877feb30cef3","reader_fragment":"p-8766-10553-e322f72f34fc4ab4","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-8766-10553-e322f72f34fc4ab4","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-8da4332dac808de6ad98","source":"pk-code-d32e2a5b58d4ed09","target":"pk-code-d32e2a5b58d4ed09","provision_kind":"section","provision_number":"13","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":12854,"character_end":13174,"quote":"13. Chairman.__ (1) The appointment of the Chairman shall be honorary. \r\n(2) Unless the 1[Federal Government] otherwise directs, the Chairman shall hold office for \r\nterm of three years and continue in office thereafter until his successor is appointed and shall be eligible \r\nfor re­appointment. \r\n(3) A casual vacancy ","quote_sha256":"fcc9fca206be2fa02069011e7ad44d9f856ea46d106a1bca2db142cffb6fc3a3","reader_fragment":"p-12337-14075-ba506d205a3775d6","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-12337-14075-ba506d205a3775d6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-13-12854","evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":11905,"character_end":11915,"quote":"section 13","quote_sha256":"50c92c2f0fc37afc48af1a6a3279c607c7d6468f32e5617678a43d958b50b851","reader_fragment":"p-10553-12337-a95e697892544e8f","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-10553-12337-a95e697892544e8f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":11735,"character_end":12145,"quote":" the 1[Federal Government] \r\nshall appoint five Directors in place of the Directors required to be elected under clause (c). \r\n(2) Save as provided in sub­section (2) of section 13 in respect of the Chairman, and in sub­ \r\nsection (2) of section 14 in respect of the Managing Director a Director appointed by the 1[Federal \r\nGovernment] shall hold office during its pleasure. \r\n(3) A Director elected under cla","quote_sha256":"71e73e473c1ba6c402bc686a937ee3608e485e966b595f7e1a3c7f2a032bf647","reader_fragment":"p-10553-12337-a95e697892544e8f","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-10553-12337-a95e697892544e8f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-bfa7536cfdde0ad4e7db","source":"pk-code-d32e2a5b58d4ed09","target":"pk-code-d32e2a5b58d4ed09","provision_kind":"section","provision_number":"14","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-d32e2a5b58d4ed09","text_version_id":"law:pk-code-d32e2a5b58d4ed09:sha256:9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","text_sha256":"9005e4c7988940f0456cbc6f2dadf4a65b4ed1ccf6afbb85944c86be1b96d358","character_start":13526,"character_end":13846,"quote":"14. 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“prescribed” means prescribed by rules ; \r\n(o) “prospectus” means a prospectus as defined in clause (14) of section 2 of the \r\nCompanies Act, 1913 (VII of 1913); \r\n(p) “regulations” means regulations made under this Ordinance ; \r\n(q) “rule” means a rule made under this Ordinance ; \r\n(r) “scheduled bank” has the same meaning as is assigned to it in the State Bank of \r\nPakist","quote_sha256":"a559aec67be686369a22075beabd1e65f44edff57bca78e9f1ba3c8c47cba5d1","reader_fragment":"p-3542-5309-81115425b7845862","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-3542-5309-81115425b7845862","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-c5a73087276c3782eb1c","source":"pk-code-d32e2a5b58d4ed09","title":"State Bank of Pakistan Act, 1956","reason":"No unique full-title and year match in this 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Ordinance ; \r\n(q) “rule” means a rule made under this Ordinance ; \r\n(r) “scheduled bank” has the same meaning as is assigned to it in the State Bank of \r\nPakistan Act, 1956 (XXXIII of 1956); \r\n \r\n \r\n1Subs. by F.A.O., 1975, Art. 2 and Table, for “Central Government”. \r\n2Subs. by Act 4 of 1999, s.9. \r\n \r\nPage 5 of 16 \r\n \r\n(s) “securities” include any note, stock, bond, debenture, evidence of indebtedn","quote_sha256":"454f5e95e1081f7035f50e1ba5e8247bdbd754b4eab16613cf2eb2b736d791fb","reader_fragment":"p-3542-5309-81115425b7845862","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-3542-5309-81115425b7845862","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-889e149b731951d90ead","source":"pk-code-d32e2a5b58d4ed09","title":"Insurance Act, 1938","reason":"No unique full-title and year match in this 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en umerated in section 20 of the Trust Act, 1882 \r\n(II of 1882), and to be approved securities for the purpose of the Insurance Act, 1938 (IV of 1938), \r\nand the Banking Companies Ordinance, 1962 (LVII of 1962). \r\n6. Numbering of shares. Every share of the Corporation shall be assigned a number and \r\nshall be distinguished by such number. \r\n7. 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Auditors.__ (1) The accounts of the Corporation shall be audited by not less than two  \r\nchartered accountants within the meaning of the Chartered Accountants Ordinance, 1961 (X  of 1961), \r\nappointed from amongst those approved in this behalf by the 1[Federal Government] by the \r\nshareholders at the general meeting on such remuneration to be paid by the Corporation as the \r\nshareholders may fix. \r\n(2","quote_sha256":"959a27bc148180e3f343d449263e995af661f0bd1f57a40ae6dbf52cfbe659f0","reader_fragment":"p-26295-28020-d560a0199c52f251","reader_url":"/laws/pk-code-d32e2a5b58d4ed09#p-26295-28020-d560a0199c52f251","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-cZaZ-sg-jjjjjjjjjjjjj"}}]}