Creating Pathways, Shaping the Future
Where ambition meets purpose. Our vision is to establish a thriving business landscape in Pakistan, where innovation flourishes, and opportunities are accessible to all. By uniting leaders, supporting growth, and inspiring resilience, we aim to shape a transformative future for generations to come. Together, we build a prosperous Pakistan empowering communities, fostering progress, and redefining what’s possible.
CESSATION / EXPULSION FROM MEMBERSHIP
A member renders himself/herself liable to expulsion or suspension by the Board if:
a)He/she refuses or neglects to give effect to any decision of the board; or
b)He/she infringes any of the regulations of the articles; or
c) He/she is declared by a court of competent jurisdiction to have
committed a fraud, or to be bankrupt, or to be insane or otherwise
incompetent; or
d) He/she is held by the Committee of the company to have been guilty of
any act discreditable to a member of the company; or
(e) He/she is acting or is threatening to act in a manner prejudicial to the
objects, interest or functioning of the company or any other institute,
body corporate, society, association or institution in which the
company has an interest.
The business forum in general meeting may, on an appeal of the aggrieved
member and after giving an opportunity of hearing, annul or modify the decision of
the board with regard to expulsion of the member by resolution supported by two
thirds majority. The person expelled shall be reinstated as a member from the date
of the resolution of the general meeting annulling the decision of the board/chief executive.
*Termination of membership shall occur automatically*:
a)in the event of the death of a member; and
b) in the event a member fails to pay any amount or annual membership due by him/her to the business forum within three months after such obligation has become due.
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