of Association: PTV
Pakistan Television Corporation came into being
through the following memorandum of association signed in 1964 between
the Government of Pakistan (6 out of 10 shares), Nippon Electric
Co. Ltd. Tokyo (3 out of 10 shares), and Thompson Television (International),
Ltd, London (1 out of 10 shares).
(1) On February 10, 1966, the company was incorporated as "Television
Promoters Company Limited" and subsequently converted into
a public company, "Pakistan Television Corporation Limited,"
on June 27, 1967.
(2) The words "West Pakistan" are to be read as "Islamabad,
Pakistan" in accordance with a resolution passed in 4th Extraordinary
General Meeting of the Pakistan Television Corporation Ltd, held
on March 24, 1982
Memorandum of Association of Pakistan Television
The Companies Ordinance, 1964
COMPANY LIMITED BY SHARES
I. The name of the Company "Pakistan Television
II. The registered Office of the Company will be situated
in Islamabad, Pakistan.
III. The objects for which the Company is established
1. To establish a network of Television Stations
in Pakistan by erecting, constructing, maintaining and improving
Television Stations at places approved by the Government of Pakistan
or by using facilities of any organisation or institution under
such arrangements or terms which may seem desirable to the Company
and providing television broadcasting services by telecasting
live programmes of all kinds, news pictorials and documentaries,
local and foreign films of all kinds and nature for the purposes
of disseminating information, education and entertainment.
2. To ensure that programmes telecast by the Company
from its each television Station maintain a high general standard
in all respects and in particular in respect of their content,
quality, balance and wide-range of subject matters, having regard
to programmes as a whole.
3. To carry out instructions of the Government of
Pakistan with regard to the general pattern or policies of programmes,
announcements and news etc., to be put on Air from time to time
and also in respect of television code of ethics and television
broadcasting timing from various stations of the Company.
4. To ensure that while its affairs are conducted
on sound commercial principles, it does not lose the character
of public service.
5. To carry on the business of commercial advertisement
by selling programmes and advertising time of television stations
either directly or through advertising agencies or by setting
up advertising agencies or by other means.
6. To carry on all or any of the business of shooting-scripts,
developing, processing, printing, editing, telecasting and selling
films of all kinds and nature; setting up studios, laboratories,
shops, showrooms, etc., in connection with making of films; importing
and exporting of raw developed films; and producing music discs
and other recorded material.
7. To carry on all or any of the business of manufacture,
purchase import, export, store, warehouse, sell and generally
to deal in all materials, articles and things required for or
incidental to telecasting service or any other business of the
8. To adopt such means of increasing
television receiver sets in the country, as may seem expedient,
and to carry on all or any of the business of manufacturing,
assembling, importing, exporting, buying, selling or dealing with
Television Receiver Sets, Radio Sets, Record Players and Tape-Recorders
of all kinds and description.
9. To carry on any other business whether manufacturing
or otherwise which may seem to the Company capable of being carried
out to the benefit of the Company in any way whatever.
10. To take on rent, construct, maintain or alter
any buildings etc., necessary for the purposes of the Company.
11. To acquire and undertake the whole or
any part of the business, property, and liabilities of any person
or company carrying on any business which the Company is authorised
to carry on, or possessed of property suitable for the purposes
of this Company and also to set up subsidiary Companies for the
12. To establish laboratories, research and
development centres to perform such research and development as
the Company may deem advisable or feasible.
13. To train or arrange to be trained the
personnel and workers, both in Pakistan and abroad, to obtain
technical proficiency in various specialties connected with the
Television or other business of the Company.
14. To apply for, purchase or otherwise acquire
any patents, brevets d'invention, licences, concessions, and the
like, conferring any exclusive or non-exclusive or limited right
to use, or any secret or other information as to any invention
which may seem capable of being used for any of the purposes of
the Company, or the acquisition of which may seem calculated directly
or indirectly or benefit the Company, and to use, exercise, develop,
or grant licences in respect of, or otherwise turn to account
the property, rights or information so acquired.
15. To enter into partnership or into any
arrangement for sharing profits union of interest, co-operation,
joint adventure or reciprocal concession, with any person or company
carrying on or engaged in, any business or transaction which this
Company is authorised to carry on or engage in, or any business
of transaction capable of being conducted so as directly or indirectly
to benefit this Company. And to lend money to, guarantee the contracts
of, or otherwise assist, any such person or company and to take
or otherwise acquire shares and securities of any such company,
and to sell, hold, re-issue with or without guarantee, or otherwise
deal with the same.
The objects set forth in any sub-clause
of this clause shall not, except when the context expressly
so requires, be in any way limited, restricted by reference
to or inference from the terms of any other sub-clause, or by
the name of the company. None of such sub-clause or the objects
therein specified or the powers thereby conferred shall be deemed
subsidiary or auxiliary merely to the objects mentioned in the
first sub-clause or clause, but the Company shall have full
power to exercise all or any of the powers conferred by any
part of this clause in any part of the world and notwithstanding
that the business, undertaking property or acts proposed to
be transacted, acquired, dealt with or performed do not fall
within the objects of the first sub-clause of this clause.
IV. The liability of the members is limited.
V. The authorised ordinary shares capital of
the Company is Rs. 2000,000,000/- (Rupees two thousand million)
divided into 10,000,000 'A' Class Ordinary shares of Rs. 100/- (Rupees
one hundred each) and 10,000,000 'B' Class Ordinary shares of Rs.
100/- (Rupees one hundred) each with power for the Company to increase,
consolidate, subdivide, reorganise or reduce the shares capital,
whether original or increased and to divide the shares in the capital
of the Company for the time being into several classes in accordance
with the provisions of the Companies Ordinance, 1984.
We, the several persons whose names and addresses
are subscribed below are desirous of being formed into a Company
in pursuance of this Memorandum of Association and we respectively
agree to take the number of shares in the capital of the Company
set opposite our respective names:
addresses and descriptions of subscribers
addresses and descriptions of witnesses
Gauhar, S.Pk., SQA., T.Pk., CSP., Secretary, Ministery of
Information and Broadcasting, Rawalpindi, for and on behalf
of the Government of Pakistan
|Mr. S. Okamoto,
Nippon Electric Company, Representative in Pakistan, for and
on behalf of Nippon Electric Co., Ltd., Tokyo
Bligh, K.B.E., D.S.O., D.S.C., Director, Thomson Television
(International) Ltd., London, for and on behalf of Thomspon
Television (International) London
Source: Uncensored: an eyewitness account of
abuse of power and media in Pakistan
By Burhanuddin Hasan (2000). Royal Book Company, Karachi.
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