Q:1 Is severance pay provided under the labor laws in Pakistan?

Q:2 What are the qualifying events for payment of gratuity to a worker/employee?

Q:3 What is the process of registration of Trade Union and what is the purpose of workers to join the trade union?

Q:4 What is the difference between share and debentures? Write three differences?

Q:5 Who are the promoters of the Company and what they do for the company?

Q:6 How many committees are included in the board? Briefly describe any two?

Q:7 Examine with reason that the given two statements are correct or incorrect. Write your answer with the provision of employment law/ Factories act of Pakistan.

Statements:

"Adult worker man or woman maximum working time weekly should not exceed more than 52 hours in week."

"The employment is allowed for the children between the age of 11 and 14 years"

Q:8 ABC Pvt. Ltd., is a private Company having five members only. All the members of the company were going by car to Islamabad in relation to some business. An accident took place and all of them died. Answer with reason, under the Companies Act whether existence of the Company has also come to the end?

Q:9 Mary the singer signs a contract with George to sing at George's event. The terms are 3 days rehearsal and 1 day to perform at the show. Mary Falls ill and misses 2 days of rehearsal, but she is ready for 3rd day and show. George no longer wants her to sing. Can :George treat the contract as discharged?

Q:10 ABC Company employs Mr. Ahmed as a finance assistant in company. Mr. Ahmed commits fraud. Later, ABC Company asks Bilal for guarantee without informing Bilal about Ahmed's previous conduct. Mr. Bilal gives guarantee for Mr. Ahmed's conduct. What would happen if Mr. Ahmed commits fraud again?

Q:11 Analyze with reason that the given three statements are correct or incorrect. Write your answer with the provision of Pakistani laws.

Statements:

"Five basic legal documents needs to be submitted for the registration of Public Limited Company"

"It is mandatory that the Board shall have at least three female directors"

"Chartered Company is formed in the present world"