Business Archives
Shipments between two countries outside Pakistan financed by a person or firm in Pakistan with the permission of the State Bank, can be insured in Rupees or in foreign currency. AID Programme on C.I.F. basis can, at the option of the importers, be utilized for imports from U.S.A. on C.I.F. basis by arranging insurance in the U.S.A. Insurance policies on the lives of Pakistanis resident in Pakistan can be issued only in Rupees. Moreover, new clauses have been added to allow private companies to issue shares to new investors against properties and to their employees under employee’s stock option schemes. Private companies have also been allowed to buy-back their shares. Senior Business Analyst To determine the terms of and the circumstances in which a law suit may be compromised and a claim or right in favour of a company may be released, extinguished or relinquished. Any casual vacancy in the Board of Directors of a company is filled up by the directors. The issue of personal accid