ADVERTISEMENT
Tuesday, July 8, 2025
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
Advertisements

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

DHS Releases Names of Worst of the Worst Convicted Criminal Illegal Aliens Detained at Guantanamo Bay
Headline

DHS Releases Names of Worst of the Worst Convicted Criminal Illegal Aliens Detained at Guantanamo Bay

July 8, 2025
Arts Council of Pakistan Karachi Marks 9th Martyrdom Anniversary of Burhan Muzaffar Wani
Headline

Arts Council of Pakistan Karachi Marks 9th Martyrdom Anniversary of Burhan Muzaffar Wani

July 8, 2025
Texworld USA 2025: Featuring Apparel Sourcing and Home Textiles Sourcing 23 – 25 July, 2025
Business

Texworld USA 2025: Featuring Apparel Sourcing and Home Textiles Sourcing 23 – 25 July, 2025

July 8, 2025
KE Board re-appoints Syed Moonis Abdullah Alvi as CEO of K-Electric
Business

KE Board re-appoints Syed Moonis Abdullah Alvi as CEO of K-Electric

July 8, 2025
Devsinc Launches Employee Stock Ownership Plan to Boost Retention and Ownership Culture
Headline

Devsinc Launches Employee Stock Ownership Plan to Boost Retention and Ownership Culture

July 8, 2025
Parliamentary Secretary for Ministry of National Heritage and Culture visits Quaid e Azam Mausoleum,
Headline

Parliamentary Secretary for Ministry of National Heritage and Culture visits Quaid e Azam Mausoleum,

July 8, 2025
LCCI Delegation visited KPT to explore business avenues
Business

LCCI Delegation visited KPT to explore business avenues

July 8, 2025
SECP holds awareness sessions on AML/CFT obligations
Business

SECP Achieves Record-Breaking Milestones in Corporate Registry During FY 2025

July 8, 2025
British High Commission Empowers Pakistani Media Amid Monsoon Devastation
Business

British High Commission Empowers Pakistani Media Amid Monsoon Devastation

July 8, 2025
realme 14 Series to Debut on July 14th with Pakistan’s First Snapdragon 6 Gen 4: Most Advanced Qualcomm Processor with Highest Power Efficiency
Business

realme 14 Series to Debut on July 14th with Pakistan’s First Snapdragon 6 Gen 4: Most Advanced Qualcomm Processor with Highest Power Efficiency

July 8, 2025
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 *


Most Popular

PM Youth Laptop Scheme 2025: HEC Releases Merit List – Check Your Eligibility Online Now!

Miss England semi-final winner Melissa Rauf made history

Improving Pakistan’s Response to Gender-Based Violence – A discussion on implementation of the Anti-Rape Act 2021.

Yinyleon & her husband most viewed amateurs 2022 on adult site.

Aga Khan University Celebrates Student Innovation at Concluding Ceremony of President’s Challenge for Climate Solutions

Must Read

USAID & Pakistani universities convene dialogue on sustainable reforms at IBA Karachi.
HEALTH / EDUCATION

USAID & Pakistani universities convene dialogue on sustainable reforms at IBA Karachi.

August 16, 2024
Russian Gazprom
Headline

Russian Gazprom has no plan to export gas to Europe in February

January 21, 2022
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.