ADVERTISEMENT
Friday, May 22, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

ABAD Approves Historic Amendments to Constitution After 53 Years

Reforms align structure with modern governance, DGTO directives prompt overhaul

Syed Turab Shah by Syed Turab Shah
June 30, 2025
ABAD Approves Historic Amendments to Constitution After 53 Years
Share on FacebookShare on Twitter

KARACHI, June 30, 2025 — The Association of Builders and Developers of Pakistan (ABAD) has formally approved significant amendments to its Memorandum and Articles of Association (M&AO), marking the first major constitutional update in 53 years. The decision was made during a Special General Meeting (SGM) held at ABAD House, chaired by Chairman Muhammad Hassan Bakhshi.

The amendments — aimed at bringing the association in line with current legal and regulatory standards — were approved by majority vote, following extensive discussions among members. Senior Vice Chairman Syed Afzal Hameed, Vice Chairman Tariq Aziz Memon, Southern Region Chairman Ahmad Owais Thanvi, Hyderabad Sub-Region Vice Chairman Abdullah Jan Memon, and several former chairmen including Altaf Tai and Anwar Gagai were present.

Advertisements

Chairman Bakhshi emphasized that the existing Articles had remained unchanged since ABAD’s inception in 1972, despite sweeping changes in Pakistan’s legal landscape. He cited recent instructions from the Directorate General of Trade Organizations (DGTO), which has directed all longstanding associations to update their constitutions to meet contemporary governance standards.

Key amendments include the removal of the posts of Regional Chairman and Vice Chairman from the association’s official structure, as per DGTO’s objection to Article 1. Under the revised Article 9(iii)(6), sub-committees will now be appointed by the Executive Committee, and their membership has been increased from two to five. Additionally, regional membership applications will still be routed through Regional Committees, but these bodies will now be nominated by the Executive Committee under Article 9(v)(6).

Further revisions were made to Article 8(b)(ii), Article 16(2), and Clause 14 concerning membership transfers. Chairman Bakhshi reiterated that the amendments were necessary to enhance ABAD’s organizational efficiency, ensure compliance with national standards, and strengthen its ability to advocate for members.

“These reforms will enable ABAD to work more closely with government institutions and better represent the interests of the construction sector,” he noted.

Closing the session, Senior Vice Chairman Afzal Hameed thanked members for their participation and support. He called for unity within the association, stating, “ABAD is the sole representative platform for builders and developers — only through collective strength can we influence policy and drive industry progress.”

Advertisements
Syed Turab Shah

Syed Turab Shah

Related Posts

Dr. Asim Hussain Hosts Farewell Ceremony in Honor of DSP Salman Waheed
Karachi

Dr. Asim Hussain Hosts Farewell Ceremony in Honor of DSP Salman Waheed

May 22, 2026
Thailand’s Consul-General Inaugurates ‘Sukhumvit’ Thai Restaurant in Karachi
Business

Thailand’s Consul-General Inaugurates ‘Sukhumvit’ Thai Restaurant in Karachi

May 22, 2026
Pakistan Army Chief Field Marshal Asim Munir Departs for Iran on Key Diplomatic Visit
Headline

Pakistan Army Chief Field Marshal Asim Munir Departs for Iran on Key Diplomatic Visit

May 22, 2026
Fake News Causing Serious Harm to Society, Says MQM MNA Hassan Sabir
Karachi

Fake News Causing Serious Harm to Society, Says MQM MNA Hassan Sabir

May 22, 2026
CEO CBD Punjab Reviews Progress at Pakistan’s Largest IT Hub, NSIT City
PAKISTAN

CEO CBD Punjab Reviews Progress at Pakistan’s Largest IT Hub, NSIT City

May 22, 2026
Pak-China Ties Are Pillar of Regional Stability and Growth: Mian Zahid Hussain
PAKISTAN

Pak-China Ties Are Pillar of Regional Stability and Growth: Mian Zahid Hussain

May 22, 2026
Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme
Karachi

Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme

May 22, 2026
EFU Life and Discount World Forge Strategic Alliance to Elevate PRIMUS Loyalty  Program
BANKING

EFU Life and Discount World Forge Strategic Alliance to Elevate PRIMUS Loyalty Program

May 22, 2026
Caddies Cup “Golf Development Program” Held at The Club Eighteen
HEALTH / EDUCATION

Caddies Cup “Golf Development Program” Held at The Club Eighteen

May 22, 2026
Opposition Alliance Authorises Leadership for Talks with Government as PTI Reaffirms ‘No Minus-Imran’ Stance
Headline

Opposition Alliance Authorises Leadership for Talks with Government as PTI Reaffirms ‘No Minus-Imran’ Stance

May 22, 2026
Next Post
Visa Stay Secure Study: 98% of Pakistani Consumers Proactively Secure Online Transactions

Visa Stay Secure Study: 98% of Pakistani Consumers Proactively Secure Online Transactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Most Popular

No Content Available

Must Read

Political struggle disturbing economic recovery : Atif Ikram
Headline

Political struggle disturbing economic recovery : Atif Ikram

August 17, 2022
Zarkheze: Digitizing Agriculture with Seamless Credit and Smart  Advisory
BANKING

Zarkheze: Digitizing Agriculture with Seamless Credit and Smart Advisory

December 21, 2025
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.