Section 203 — Company to have official seal for use abroad
Statute text
(1) A
company39[…] may have an official seal for use outside Pakistan.
38 Omitted words “and may affix common seal of the company” vide the Companies (Amendment)
Act, 2021 dated 1st December, 2021.
39 Omitted words “that has a common seal” vide the Companies (Amendment) Act, 2021 dated 1st
December, 2021.
(2) The official seal 40[must add on the face of it ] the name of every
territory where it is to be used.
(3) 41[…]
(4) A company having such an official seal may 42[…] authorise any
person appointed for the purpose in any territory not situate in Pakistan to affix the
same to any deed or other document to which the company is party in that territory.
(5) The authority of any such agent shall, as between the company and
any person dealing with the agent, continue during the period, if any, mentioned in
the instrument conferring the authority, or if no period is mentioned therein, then
until notice of the revoca tion or determination of the agent’s authority has been
given to the person dealing with him.
(6) The person affixing any such official seal shall, by writing under his
hand, on the deed or other document to which the seal is affixed, certify the date
and place of affixing the same.
(7) A deed or other document to which an official seal is duly affixed
shall bind the company43[…].