THE COMPANIES ACT, 2017
(COMPANY LIMITED BY SHARES)
MEMORANDUM OF ASSOCIATION
OF
“FAIZAN IRON AND STEEL INDUSTRIES
LIMITED”
I. That the name of company FAIZAN IRON AND
STEEL INDUSTRIES LIMITED.
II. The registered office of the company shall be
situated in the province Punjab.
III. The object for which a company is established
are.
1. To take over all assets and rights of the existing
firm “FAIZAN STEEL” including, but not limited
to, benefit of all agreement, contracts, good
will, conveyances, accounts, credit facilities,
utilities, licenses, permissions and to assume all
liabilities and obligation firm any debts, taxes,
fees, rents, liabilities, etc for such consideration
and by such means as may be agreed between
the company and members of the partnership
firm been acquired .
2. To act as general traders in steel item like iron
bar, angels, channels ETC; trading in other steel
items can also be done according to the needs
of the business. To setup a new steel rerolling
mills or acquire or purchase, in running
condition any steel re-rolling mills according to