
Memorandum Of Association
of
The Surgical Instruments
Manufacturers Association of Pakistan
i. The name of the Association is THE SURGICAL
Instrument
MANUFACTURERS ASSOCIATION OF PAKISTAN |
ii. The Registered Office of the Association will
be situated at Kutchery Road,
Sialkot, Pakistan. |
| iii The Objects for
which the Association is established. |
| 1. To establish,
develop, promote, organize, and protect the art of, Manufacturing of Surgical Instruments and Hospital
appliances and to encourage its export and import. Further to take all necessary measures for doing so. |
2. To encourage a friendly relation and unanimity among member firms who are directly
connected with the Art of manufacturing Surgical Instruments and Hospital Appliances and its Export and Import and on
all subjects involving their common good. |
3. To consider all questions and to have a keen watch
over trade possibilities, development of Surgical Instruments and to expend its Manufacture, Export and Import. Further
to remove as far as this Association can of all acknowledged grievances affecting this Industry & Trade by joint
representation to the provincial and Central Governments. |
4. To collect and circulate statistics,
suggestion and any other information relating to the manufacturing and improving of Surgical Instruments and to maintain
its uniformity by framing bye-laws rules and regulations in usage of trade in order to establish just and equitable
Principles. |
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5. To obtain representation on
Councils, Advisory Bodies, Municipalities & on Official and Non-Official Bodies, whose objects may be similar with those of
this Association when such representation may be advisable in the interest of members of this Association and to encourage,
promote or oppose legislature or other measures affecting the Art of Manufacturing of Surgical Instruments in general and
the objects of Association in particular.
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6.
To co-operate with the policies established by the provincial and Central Govts, in the interest of member of this Association and of Pakistan's
Industrial and Commercial developments. And to nominate representatives,
delegates and advisors or attorneys to represent this Association at any
Govt, public, and Private body or any other Institution in any part of the
World in the interest of this Industry for attainment of the objects of
the Association.
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7. To organize and participate in Pakistan or Foreign Countries Exhibitions and Fairs on
behalf of member of this Association for promoting Pakistan made Surgical Instruments and Hospital Appliances and
overseas-trade with the co-operation of Trade High Commissioners of Pakistan in Foreign Countries with the sole object of
increasing the sale of Pakistan made Surgical Instruments.
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8.
To encourage decision of disputes by arbitration and to arbitrate
between parties willing to , and abide by, the decision of the
Association or persons constituted or appointed in that behalf
by the Association. Further to arbitrate in the
settlement of disputes arising out of commercial transactions
between parties willing, or agreeing to abide by, the judgment and
decision of the Association.
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9. To amalgamate and subscribe to become a member of and co-operate with any Federation of
Chambers of Commerce & Industry, formed in Pakistan. |
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10. To borrow or raise any money required for the purposes of the Association, upon such terms and
in such manner, and on such securities as may be determined. To pay all costs, charges and expenses of and incidental
charges to the promotion, formation, registration, and establishment of this Association.
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11. To place or deposit with any local Bank for any period, moneys not required for the
immediate use of the Association. To purchase or take on lease or in exchange, hire or otherwise acquire any estate or
interest in any land, building establishment right, privileges, concessions or immoveable property of any kind and tenure,
necessary and convenient for the business of the Association in any part of Pakistan. |
12. To sell, lease, exchange mortgage or otherwise to make deed for any part of the
Association's property or to construct, alter, maintain, building, works and machinery necessary or convenient for the
purposes of the Association. To borrow, sell, exchange, lease, mortgage all or any of the moveable or immoveable property,
present or future with or without specific charge on all or any part of the Association's property. |
13. To draw, accept, make endorse, discount and negotiate promissory notes, bills of exchange,
bills of lading and other negotiable instruments connected with the business of the Association. |
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14.
The income and property of the Association whensoever derived, shall
be applied solely towards the promotion of the object of the
Association, as set forth in this Memorandum of Association, and no
portion by way of dividend, or bonus or otherwise, howsoever, shall be
paid by way of profit to the persons who at any time, are or have been
members of the Association or to any of them or any person claiming
through any of them: provided that nothing herein contained shall prevent
the payment in good faith of remuneration to any officer or servant of the
Association, or to any member thereof, or other person in return for any
services actually rendered to the Association, or the payment of interest
on money borrowed from any member of the Association.
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15. Every member of the Association under-take to contribute to the assets of the Association in the
event of the same being wound up during the time that he is a member, or within one year afterwards, for payment of the debt
and liabilities of the Association contracted before the time at which he ceases to be a member, and of the costs,
charges and expenses of winding up the same, and for the adjustments of the rights of the contributors amongst themselves,
such amount as may be required, not exceeding rupees two hundred.
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16. If, upon the winding up or dissolution of the Association, there remains, after the satisfaction
of all its debt and liabilities, any property whatsoever, the same shall not be paid to, or distributed among the member of
the Association but shall be given or transferred to some other institution or Association having objects similar to the
objects of this Association which is to be determined by the members of the Association, at or before the time of
dissolution and in default thereof by such judge who may acquire jurisdiction in the matter.
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17. In short to do all that may be necessary for attainment of the above objects or any other objects in
the best interest of this Association.
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IV. The liability of the members is limited, but if any member of the Association pay
or receives any dividend, bonus, or other profit in contravention of this memorandum of Association, his liability shall be
unlimited.
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V. We the several persons whose names and addresses are subscribed below, are desirous
of being formed into an Association in pursuance of this Memorandum of Association.
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We the several persons whose names and addresses are subscribed below, are desirous of being formed into an
Association. Further, we authorize the Chairman Mr. EHSAN ELAHI to get this
Association duly Registered either by himself or through his Attorney:
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No.
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Name and
Address of Subscribers
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Witness to
the
Signatures
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1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
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Chairman : Mr.
Ehsan Elahi of Messrs. Phillips & Jones,
Sialkot.
Vice-Chairman :
Mr. Muhammad Baqir of Messrs.
London Surgical Works, Sialkot.
General Secretary : Mr. Khawaja Muhammad Asghar of
Messrs. Rashid Turner, Sialkot.
Joint Secretary : Mr. Muhammad Alam of Messrs.
M.A.Solatch & Bros, Sialkot.
Treasurer :
Mr.Ghulam
Muhammad Manda of
Messrs.
Universal Surgical Co. Sialkot
Mr. Abdul Ghani of Messrs. Union Surgical Co. Sialkot
Mr. Zahoor Elahi of Messrs.Arona & Elahi Sialkot.
Mr. Abdul Qayyum of Messrs.M.F. Elahi & Co.
Mr. Muhammad Younas of Messrs.
Western Surgical
Works, Sialkot.
Mr. Muhammad Shrif of Messrs. Metal Surgical
Works, Sialkot.
Mr. Muhammad Isa of Messrs. Isa Virk Turner, Sialkot.
Mr. Tufail Ahmed of Messrs M.B. Surgical Works Sialkot
Mr . Muhammad Shafi of Messrs.
Garrison Surgical
Works, Sialkot.
Mr. Muhammad Ishaq Butt of Messrs. Kashmir Surgical
Co. Sialkot.
Mr. Abdul Wahid of Messrs. A.G. & Co. Sialkot.
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