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FOUNDATION OF COMPANY
 Name - Asad Ali
 Reg No - A1BE-316003
 Course - Intro to Business
 Course - Sir Asif Ullah
 Supervisor
 Joint Stock Companies are formed under the
Companies Ordinance 1984.
Joint Stock Company is an association of
persons for making profit.
Memorandum of the company
 Name of the Company
LPSCUS (Leadership Public School, College &
University System).
Slogan
Achieving Excellence Together
The Registered office
Saddar Lucky star, Karachi.
 To provide best quality of Education.
 Scholarship, Teachers Training, Summer
Refreshment Programs (SRP).
 Career Counseling.
 To interface and facilitate private initiatives
with public ones for promotion of elementary,
technical, and IT programs.
 To facilitate and undertake innovative
programs between public and private sectors
or otherwise and their replication.
 To support programs for Teacher Education
(general and subject specific) education
management and planning.
 To mobilize and manage resources and to act
as a conduit for promotion of education
through multiple sources.
 To provide platform to our youth in fields like
Sports, Scientific Researches, Arts & etc.
 Support & Encourage our whole family to
build their own imaginations in to reality.
 Build National and International level
relationships in educational and
extracurricular activities level.
 Getting and Staying Profitable
 Maintaining profitability means making sure
that revenue stays ahead of the costs of
doing business. Focus on controlling costs.
 Qualified and loyal Work force.
LPSCUS Service Rules & Regulations (SOPs)
INDEX
Ser. Chapters Topic Remarks
1. Chap No 1 Commencement of Service Rules
2. Chap No 2 Definitions of key words
3. Chap No 3 HR Management & Policies
4. Chap No 4 Conduct & Discipline
5. Chap No 5 Leave Rules
6. Chap No 6 APRs & SRB
7. Chap No 7 Pay and Salary
Annex 1 Delegation of Powers
Annex 2 Designations/ Post
 These Service Rules will be known as “LPSCUS Service
Rules”.
 The Service Rules have been framed with the intention
of providing good facilities and congenial working
environment to the employees. All categories of the
“Employees” will be directly governed by these rules for
all HR functions including pay and allowances, all
types of leave, terms and conditions of service, benefits,
facilities, disciplinary matters etc.
 The ‘Owners of LPSCUS, being the Chief Executives,
shall be the final authority for the interpretation of
rules contained herein and their decision shall be final
and binding on all employees
 The ‘LPSCUS, with the approval of Owners, shall have
the powers to modify, add, delete or change all or any
of these rules as may be found necessary from time to
time which, as and when made, shall be binding on all
the employees, provided such modifications,
alterations, additions, deletions or changes do not
adversely affect the conditions of service of the
employees with retrospective effect. The Service Rules
will be revised after every three years by a board of
officers and approved by Owners.
 NOTE: All the employees of LAPCUS would be considered having fully read and understood the
preamble and these Rules from Chapters I to VII and Annexes 1 & 2 for compliance before accepting
the service and during the service in the Authority.
◦ ‘Owners’ means the All the 5 Partners (Asad Ali, Amir Khan,
Ahmed, M Meraj & Hira Khan).
◦ LPSCUS means Leadership Public School, College & University
System.
◦ ‘Competent Authority’ means Owners /an Officer to whom
relevant powers have been delegated by the Owners for the
purpose of these rules.

◦ ‘Employee’ means a person on the pay roll of ‘LSPCUS in Pay Scale.
◦ ‘Family’ means spouse(s) and dependent children.
◦ ‘Officer’ means an employee of “LAPCUS” appointed in Scale 17 to
20.
◦ Punishment’ means minor or major punishment as provided in
these rules.
◦ ‘Technical Cadres’ means a person with skilled expertise required
for the prescribed job for which he / she has been inducted.
 General. The entire manpower establishment of this LPSCUS,
subject to its requirements / needs, can be increased or
decreased from time to time.
 Classification of Service. Employees shall be classified in
various categories and separate Pay Scales as shown in
Annexes 2. These may be revised from time to time as and
when necessary.
 Appointing Authority. The Owners or Officers on behalf of
Owner are the sole appointing/contracting authority for all
employees.
Conditions of Appointment
 All appointments shall be subject to merit on the production of the prescribed
educational / other qualification certificates/ tests interviews/ demos
accompanied by good character certificate from officers of Scale 17 and above.
 Minimum age for direct entry will be 20 years.
 Employees will be inducted as under:-
 Scale - 17 & above. Employment on contract for maximum 6 years which can be
extended for two years. Initial induction age upto 45 years.
 Scale - 11 to 16. Employment for maximum 8 years, which can be extended for
two years based on the annual performance/recommendation of HoD.
 Scale - 1 to 10. Employment for maximum of 10 years, which can be extended for
two years based on the annual performance/recommendation of HoD.
 Teaching Staff. All teaching staff including Principals shall be inducted
on contract for a period of 6 years with subsequent two yearly
extensions.
 Extension beyond 60 years of age shall not be allowed, however in
exceptional cases the individual may be re-employed on temporary
contact for one year only.
Reemployment
 Terminated, retired & resigned employees will not be
entertained for re employment.
Confirmation
◦ Service of an employee will only be confirmed on
satisfactory completion of the probationary period, which
will be as follows:-
 Non teaching staff – Six months
 Teaching staff – Three Months
◦ If an employee fails to show satisfactory performance then his/her
service will be terminated with immediate effect.
◦ .
Ser Categories Definitions
1. Regular
Employee
An employee is contracted for Six years or more.
2. Temporary /Part
time
An employee engaged essentially of a temporary
nature or who is employed temporarily in
connection with the temporary/ casual need
against work.
3. Daily Wagers Engagement of Persons on daily wages for a
limited period.
4. Visiting Faculty Engagement of Educational Personnel on the
basis of hourly/activity based payment.
5 Social internship Employed for social service experience with low
income /welfare schools. No pay/ the social
Internees.
 Date of Birth. It will be maintained from Educational Documents.
 Termination / Resignation / Dismissal from Service
Termination.
 Termination of service of an employee under the clause of ‘Misconduct’ as
Chap 4.
 Dismissal. In case an employee commits an offence of a serious nature.
 Promotions. Promotions will be made on the basis of annual performance
reports, seniority, efficiency, discipline & test to next Scale.
 Performance Appraisal / Annual Performance Report. Performance of an
employee will be recorded at the end of each calendar year on the Performa.
1.Rules of Conduct
 No employee shall promise to do or done any act, deed or thing except that which he is officially authorized.
 No employee shall accept gifts.
 No document shall be removed from the Authority’s office or premises.
 Never leak information regarding internal matters.
 An employee shall abide by all Standing Instructions and SOPs issued from time to time.
2. Misconduct.
Following acts of commissions / omissions shall be termed as ‘Misconduct’ and are further categorized as under:-
 Major Offences
◦ Theft, fraud or dishonesty in connection with the Authority’s business or property.
◦ Willful damage to or loss of Authority’s goods or property.
◦ Taking or giving bribes or gratifications, gifts etc directly or indirectly.
◦ Use of abusive language with the employees / students parents/residents / visitors.
◦ Making false or misleading statement.
◦ Careless, wasteful working.
◦ Habitual late attendance.
◦ Leakage of information regarding working, record, files, an individual’s property to any other person inside / outside the Authority
who is not supposed to know it.
◦ Absence without leave / overstaying leave for more than 1 day.
◦ Participation in the following at the premises of duty or during duty hours:-
 Ethnic, regional and sectarian.
 Political activities.
 Indulging in consumption of liquor / narcotics
 Refusal to work over time.
 Minor Offences
◦ Late arrival (habitual become major offence).
◦ Inefficiency / casual attitude (habitual become major offence).
◦ Non compliance (not with full disobedience) to order / instructions not resulting into
misappropriation / fraud or major offence.
◦ AWOL / overstaying leave for one day.
3. Punishment
 In case of ‘misconduct’, an employee is liable to imposition of any of the following
minor and major punishments:-
(1) Minor Punishments
 Internal Advice
 Internal Warning
 Recordable Warning
(2) Major Punishments
 With-holding increments
 Reduction to a lower post
 Termination of Service
 Owners of LPSCUS are only the authority to give major punishments and HODs are
empowered for minor punishments.
4. Inquiry into Cases of Misconduct
 First explanation letter will be given to the employee and an officer will
be detailed to hold the enquiry.
 The Inquiry Officer, within 24 hours, shall supply, in writing to the
employee the allegations of misconduct through a Show Cause notice and
shall call upon the employee to submit his / her explanation.
 Officer will compile all the findings and initiate the punishment for approval
of Owners but this whole process will be occur under 15 days.
 After all process at the end owner’s will decide what to do with subj.
5 Appeal
 a. An employee shall have a right of appeal through proper channel to the
Owner’s against punishment awarded by Director Additional/ Head of a
Department / Principal of an Institution
 Following are the Types of leave and details.
Ser Type Authorized Duration
1. Casual Leave 20 per year 10 days, 15 day in special cases
2. Earned Leave 1 in 12 working days As per balance
3. Medical Leave 10 per year 10 days
4. Maternity leave 45 days As per doctor’s order
5. Hajj/ Umrah Leave 40 days 40 days
6. Ex Pakistan Leave Max 30 As per balance
7. Summer/ Winter
Vacation Leave
2 months summer/ 15
days winter
As per Govt order
8. Without Pay Leave If no leave in balance As per requirement
9. Special Leave Infinite As per uncertain Factors
 Annual Performance Report
A detailed statement that measures the results of some activity in terms
of its success over a specific time frame. For example, an annual
performance report might be produced for each employee of a company,
or such a report might help management to know about employees
performances over the year.
 Following are the categories of ACRs:-
Ser Marks out of 100Remarks
1. 100-90 Outstanding
2. 89-80 Well Above Average
3. 79-70 Above Average
4. 69-60 High Average
5. 59-50 Average
6. Below 49 Below Average
 Service Review Board.
A board under the Owners will be convened
every year to recommend to Hods contract
renewal cases and also review the service of
the employees who have completed the initial
service limit and have been recommended
for weeding out due to their unsatisfactory
performance.
P S LPSCUS Pay Scale
1 9000-300-15000
2 9050-320-15500
3 10000-340-16000
4 10500-400-16500
5 11000-470-17000
6 12000-600-17500
7 13000-700-18000
8 14000-820-18500
9 15000-935-19000
10 16000-1050-19500
P S LPSCUS Pay Scale
11 18000-1250-21000
12 20000-1400-24000
13 23000-1700-28000
14 25000-2000-32000
15 27500-3000-36000
16 31700-4500-45000
17 45000-7000-70000
18 65000-9500-98000
19 80000-15000-130000
20 100000-25000-170000
Ser Type of power For Scale
Between
HODs Directors Owners
1. Leave Sanctioned Authority
1-9 
11-16 
Above 17
(HODs)

Directors 
2. APRs Grading
1-16  Finalize
17 & Above 
Directors 
3. Minor Punishment
1-16 
17 & Above 
4. Major Punishment
1-16 Rec  Finalize
17 & Above Rec 
5. Appointment
1-16 
17 & Above 
 WWW.LPSCUSKci.org
LPSCUS Network
 LPSCUS Head Office
 LPSCUS University
 LPSCUS Virtual University
 LAPCUS Women’s College
 LPSCUS Men’s College
 LPSCUS Business Campus
 LPSCUS O&A Levels Campus
 LPSCUS High School
 LPSCUS Montessori & Diploma Centre (LMDC)
 LPSCUS Islamic Campus
 LPSCUS Library
Mission
 Provide quality education of International Standard as to groom the youth with good
mentality / Positivity, to express their selves and unleashed their hidden talent to build
high reputation of country and transformed them for the better future.
Key Features
 Competent and Trained Faculty
 Playing Grounds
 Auditorium
 Cafeteria’s
 CCTV Cameras
 Swimming Pools
 Cambridge, Federal Board & Karachi Board
 Welfare Schools
 Educational Trips
 Transport
 Hifz Schools
 Sports Coaches
 Safe and Secure Environment
 Medical Doctors
 Capital Amount - 40 Billion
Ser Partners Investment Percentage Profit Ratio
1. Asad Ali 16 Billion 40% 40
2. Amir Ali 8 Billion 20% 20
3. Ahmed 6 Billion 15% 15
4. M. Meraj 5 Billion 12.5% 12.5
5. Hira Khan 5 Billion 12.5% 12.5
1. Total Profit will be distributed as per Ratio as per
total investment. 40:20:15:12.5:12.5 Asad Ali will
take 40% the total profit, Amir Ali has a right of 20%
profit, Ahmed has a right of 15 % and M Merej /Hira
khan has an equal rights of 12.5% each.
2. Promoters (Owners) will inform general public
that business is going to be started.
3. Debenture: HBL (Habib Bank Limited) will serve
loan of 10 Billion in LPSCUS account, which will be
returned back in partitions.
_ 20 million per year with 0.6% interest.

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Foundation of Company

  • 1. FOUNDATION OF COMPANY  Name - Asad Ali  Reg No - A1BE-316003  Course - Intro to Business  Course - Sir Asif Ullah  Supervisor
  • 2.
  • 3.  Joint Stock Companies are formed under the Companies Ordinance 1984. Joint Stock Company is an association of persons for making profit.
  • 4.
  • 5. Memorandum of the company  Name of the Company LPSCUS (Leadership Public School, College & University System).
  • 6.
  • 7. Slogan Achieving Excellence Together The Registered office Saddar Lucky star, Karachi.
  • 8.
  • 9.  To provide best quality of Education.  Scholarship, Teachers Training, Summer Refreshment Programs (SRP).  Career Counseling.  To interface and facilitate private initiatives with public ones for promotion of elementary, technical, and IT programs.  To facilitate and undertake innovative programs between public and private sectors or otherwise and their replication.
  • 10.  To support programs for Teacher Education (general and subject specific) education management and planning.  To mobilize and manage resources and to act as a conduit for promotion of education through multiple sources.  To provide platform to our youth in fields like Sports, Scientific Researches, Arts & etc.  Support & Encourage our whole family to build their own imaginations in to reality.
  • 11.  Build National and International level relationships in educational and extracurricular activities level.  Getting and Staying Profitable  Maintaining profitability means making sure that revenue stays ahead of the costs of doing business. Focus on controlling costs.  Qualified and loyal Work force.
  • 12.
  • 13. LPSCUS Service Rules & Regulations (SOPs) INDEX Ser. Chapters Topic Remarks 1. Chap No 1 Commencement of Service Rules 2. Chap No 2 Definitions of key words 3. Chap No 3 HR Management & Policies 4. Chap No 4 Conduct & Discipline 5. Chap No 5 Leave Rules 6. Chap No 6 APRs & SRB 7. Chap No 7 Pay and Salary Annex 1 Delegation of Powers Annex 2 Designations/ Post
  • 14.  These Service Rules will be known as “LPSCUS Service Rules”.  The Service Rules have been framed with the intention of providing good facilities and congenial working environment to the employees. All categories of the “Employees” will be directly governed by these rules for all HR functions including pay and allowances, all types of leave, terms and conditions of service, benefits, facilities, disciplinary matters etc.  The ‘Owners of LPSCUS, being the Chief Executives, shall be the final authority for the interpretation of rules contained herein and their decision shall be final and binding on all employees
  • 15.  The ‘LPSCUS, with the approval of Owners, shall have the powers to modify, add, delete or change all or any of these rules as may be found necessary from time to time which, as and when made, shall be binding on all the employees, provided such modifications, alterations, additions, deletions or changes do not adversely affect the conditions of service of the employees with retrospective effect. The Service Rules will be revised after every three years by a board of officers and approved by Owners.  NOTE: All the employees of LAPCUS would be considered having fully read and understood the preamble and these Rules from Chapters I to VII and Annexes 1 & 2 for compliance before accepting the service and during the service in the Authority.
  • 16. ◦ ‘Owners’ means the All the 5 Partners (Asad Ali, Amir Khan, Ahmed, M Meraj & Hira Khan). ◦ LPSCUS means Leadership Public School, College & University System. ◦ ‘Competent Authority’ means Owners /an Officer to whom relevant powers have been delegated by the Owners for the purpose of these rules.  ◦ ‘Employee’ means a person on the pay roll of ‘LSPCUS in Pay Scale. ◦ ‘Family’ means spouse(s) and dependent children. ◦ ‘Officer’ means an employee of “LAPCUS” appointed in Scale 17 to 20. ◦ Punishment’ means minor or major punishment as provided in these rules. ◦ ‘Technical Cadres’ means a person with skilled expertise required for the prescribed job for which he / she has been inducted.
  • 17.  General. The entire manpower establishment of this LPSCUS, subject to its requirements / needs, can be increased or decreased from time to time.  Classification of Service. Employees shall be classified in various categories and separate Pay Scales as shown in Annexes 2. These may be revised from time to time as and when necessary.  Appointing Authority. The Owners or Officers on behalf of Owner are the sole appointing/contracting authority for all employees.
  • 18. Conditions of Appointment  All appointments shall be subject to merit on the production of the prescribed educational / other qualification certificates/ tests interviews/ demos accompanied by good character certificate from officers of Scale 17 and above.  Minimum age for direct entry will be 20 years.  Employees will be inducted as under:-  Scale - 17 & above. Employment on contract for maximum 6 years which can be extended for two years. Initial induction age upto 45 years.  Scale - 11 to 16. Employment for maximum 8 years, which can be extended for two years based on the annual performance/recommendation of HoD.  Scale - 1 to 10. Employment for maximum of 10 years, which can be extended for two years based on the annual performance/recommendation of HoD.
  • 19.  Teaching Staff. All teaching staff including Principals shall be inducted on contract for a period of 6 years with subsequent two yearly extensions.  Extension beyond 60 years of age shall not be allowed, however in exceptional cases the individual may be re-employed on temporary contact for one year only.
  • 20. Reemployment  Terminated, retired & resigned employees will not be entertained for re employment. Confirmation ◦ Service of an employee will only be confirmed on satisfactory completion of the probationary period, which will be as follows:-  Non teaching staff – Six months  Teaching staff – Three Months ◦ If an employee fails to show satisfactory performance then his/her service will be terminated with immediate effect.
  • 21. ◦ . Ser Categories Definitions 1. Regular Employee An employee is contracted for Six years or more. 2. Temporary /Part time An employee engaged essentially of a temporary nature or who is employed temporarily in connection with the temporary/ casual need against work. 3. Daily Wagers Engagement of Persons on daily wages for a limited period. 4. Visiting Faculty Engagement of Educational Personnel on the basis of hourly/activity based payment. 5 Social internship Employed for social service experience with low income /welfare schools. No pay/ the social Internees.
  • 22.  Date of Birth. It will be maintained from Educational Documents.  Termination / Resignation / Dismissal from Service Termination.  Termination of service of an employee under the clause of ‘Misconduct’ as Chap 4.  Dismissal. In case an employee commits an offence of a serious nature.  Promotions. Promotions will be made on the basis of annual performance reports, seniority, efficiency, discipline & test to next Scale.  Performance Appraisal / Annual Performance Report. Performance of an employee will be recorded at the end of each calendar year on the Performa.
  • 23. 1.Rules of Conduct  No employee shall promise to do or done any act, deed or thing except that which he is officially authorized.  No employee shall accept gifts.  No document shall be removed from the Authority’s office or premises.  Never leak information regarding internal matters.  An employee shall abide by all Standing Instructions and SOPs issued from time to time. 2. Misconduct. Following acts of commissions / omissions shall be termed as ‘Misconduct’ and are further categorized as under:-  Major Offences ◦ Theft, fraud or dishonesty in connection with the Authority’s business or property. ◦ Willful damage to or loss of Authority’s goods or property. ◦ Taking or giving bribes or gratifications, gifts etc directly or indirectly. ◦ Use of abusive language with the employees / students parents/residents / visitors. ◦ Making false or misleading statement. ◦ Careless, wasteful working. ◦ Habitual late attendance. ◦ Leakage of information regarding working, record, files, an individual’s property to any other person inside / outside the Authority who is not supposed to know it. ◦ Absence without leave / overstaying leave for more than 1 day. ◦ Participation in the following at the premises of duty or during duty hours:-  Ethnic, regional and sectarian.  Political activities.  Indulging in consumption of liquor / narcotics  Refusal to work over time.
  • 24.  Minor Offences ◦ Late arrival (habitual become major offence). ◦ Inefficiency / casual attitude (habitual become major offence). ◦ Non compliance (not with full disobedience) to order / instructions not resulting into misappropriation / fraud or major offence. ◦ AWOL / overstaying leave for one day. 3. Punishment  In case of ‘misconduct’, an employee is liable to imposition of any of the following minor and major punishments:- (1) Minor Punishments  Internal Advice  Internal Warning  Recordable Warning (2) Major Punishments  With-holding increments  Reduction to a lower post  Termination of Service  Owners of LPSCUS are only the authority to give major punishments and HODs are empowered for minor punishments.
  • 25. 4. Inquiry into Cases of Misconduct  First explanation letter will be given to the employee and an officer will be detailed to hold the enquiry.  The Inquiry Officer, within 24 hours, shall supply, in writing to the employee the allegations of misconduct through a Show Cause notice and shall call upon the employee to submit his / her explanation.  Officer will compile all the findings and initiate the punishment for approval of Owners but this whole process will be occur under 15 days.  After all process at the end owner’s will decide what to do with subj. 5 Appeal  a. An employee shall have a right of appeal through proper channel to the Owner’s against punishment awarded by Director Additional/ Head of a Department / Principal of an Institution
  • 26.  Following are the Types of leave and details. Ser Type Authorized Duration 1. Casual Leave 20 per year 10 days, 15 day in special cases 2. Earned Leave 1 in 12 working days As per balance 3. Medical Leave 10 per year 10 days 4. Maternity leave 45 days As per doctor’s order 5. Hajj/ Umrah Leave 40 days 40 days 6. Ex Pakistan Leave Max 30 As per balance 7. Summer/ Winter Vacation Leave 2 months summer/ 15 days winter As per Govt order 8. Without Pay Leave If no leave in balance As per requirement 9. Special Leave Infinite As per uncertain Factors
  • 27.  Annual Performance Report A detailed statement that measures the results of some activity in terms of its success over a specific time frame. For example, an annual performance report might be produced for each employee of a company, or such a report might help management to know about employees performances over the year.  Following are the categories of ACRs:- Ser Marks out of 100Remarks 1. 100-90 Outstanding 2. 89-80 Well Above Average 3. 79-70 Above Average 4. 69-60 High Average 5. 59-50 Average 6. Below 49 Below Average
  • 28.  Service Review Board. A board under the Owners will be convened every year to recommend to Hods contract renewal cases and also review the service of the employees who have completed the initial service limit and have been recommended for weeding out due to their unsatisfactory performance.
  • 29. P S LPSCUS Pay Scale 1 9000-300-15000 2 9050-320-15500 3 10000-340-16000 4 10500-400-16500 5 11000-470-17000 6 12000-600-17500 7 13000-700-18000 8 14000-820-18500 9 15000-935-19000 10 16000-1050-19500
  • 30. P S LPSCUS Pay Scale 11 18000-1250-21000 12 20000-1400-24000 13 23000-1700-28000 14 25000-2000-32000 15 27500-3000-36000 16 31700-4500-45000 17 45000-7000-70000 18 65000-9500-98000 19 80000-15000-130000 20 100000-25000-170000
  • 31. Ser Type of power For Scale Between HODs Directors Owners 1. Leave Sanctioned Authority 1-9  11-16  Above 17 (HODs)  Directors  2. APRs Grading 1-16  Finalize 17 & Above  Directors  3. Minor Punishment 1-16  17 & Above  4. Major Punishment 1-16 Rec  Finalize 17 & Above Rec  5. Appointment 1-16  17 & Above 
  • 32.
  • 33.  WWW.LPSCUSKci.org LPSCUS Network  LPSCUS Head Office  LPSCUS University  LPSCUS Virtual University  LAPCUS Women’s College  LPSCUS Men’s College  LPSCUS Business Campus  LPSCUS O&A Levels Campus  LPSCUS High School  LPSCUS Montessori & Diploma Centre (LMDC)  LPSCUS Islamic Campus  LPSCUS Library
  • 34. Mission  Provide quality education of International Standard as to groom the youth with good mentality / Positivity, to express their selves and unleashed their hidden talent to build high reputation of country and transformed them for the better future. Key Features  Competent and Trained Faculty  Playing Grounds  Auditorium  Cafeteria’s  CCTV Cameras  Swimming Pools  Cambridge, Federal Board & Karachi Board  Welfare Schools  Educational Trips  Transport  Hifz Schools  Sports Coaches  Safe and Secure Environment  Medical Doctors
  • 35.  Capital Amount - 40 Billion Ser Partners Investment Percentage Profit Ratio 1. Asad Ali 16 Billion 40% 40 2. Amir Ali 8 Billion 20% 20 3. Ahmed 6 Billion 15% 15 4. M. Meraj 5 Billion 12.5% 12.5 5. Hira Khan 5 Billion 12.5% 12.5
  • 36. 1. Total Profit will be distributed as per Ratio as per total investment. 40:20:15:12.5:12.5 Asad Ali will take 40% the total profit, Amir Ali has a right of 20% profit, Ahmed has a right of 15 % and M Merej /Hira khan has an equal rights of 12.5% each. 2. Promoters (Owners) will inform general public that business is going to be started. 3. Debenture: HBL (Habib Bank Limited) will serve loan of 10 Billion in LPSCUS account, which will be returned back in partitions. _ 20 million per year with 0.6% interest.