Who
Decide Composition of Board of Director in Pakistan
Basic Composition of board
of director i.e. maximum and minimum number of director is normally decided by
the regulator, corporate law of the country. Specific number of Directors is
decided either by memorandum of association, articles of association or board
of directors.
In Pakistan board of Director composition is decided as follow;
·
Minimum number of Director is given or
decided by law
·
Number of first Director is decided by subscriber
to memorandum subject to law.
·
Number of subsequent Director by first
Director subject to law.
