Page 284 - InterloopAnnualReport2020

OTHER BUSINESS:
9. To transact any other business with the permission of the Chair.
By Order of the Board

Place: Faisalabad (Rana Ali Raza)
Dated: September 23, 2020 Company Secretary

Notes:
1. Closure of Share Transfer Books:
The Share Transfer Books of the Company will be closed from October 08, 2020 to October 15, 2020 (both days
inclusive). Transfers received at the M/s. CDC Share Registrar Services Limited, CDC House, 99 –B, Block B,
S.M.C.H.S., Main Shahrah-e- Faisal, Karachi-74400 at the close of business on October 07, 2020 treated in time for
the purpose of above entitlement to the transferees and/or for attending of meeting.
2. Election of Directors:
In terms of Section 159(1) of the Companies Act, 2017, the Directors have fixed the number of elected directors at
seven (7) to be elected in the AGM for the next term of three year commencing from October 22, 2020.
Any person who seeks to contest the election of directors shall, whether he is a retiring director or otherwise, file with
the Company, the following documents and information at its registered office not later than fourteen days before the
day of the above said meeting:
a) His/Her Folio No./CDC Investors Account No./CDC Participant No./Sub-Account No.
b) Notice of his/her intention to offer himself/herself for the election of directors in terms of Section 159(3) of the
Companies Act, 2017.
c) Consent to act as director on Form 28 under Section 167 of the Companies Act, 2017.
d) A detailed profile along with his/her office address for placement onto the Company’s website http://interloop-
pk.com/
e) The selection of independent directors shall be as per requirements of Section 166 of the Companies Act, 2017.
Any member intending to contest as independent director shall submit a declaration that he/she qualifies the
criteria of eligibility and independence notified under the Companies Act, 2017 and rules and regulations issued
thereunder.
f) An attested copy of Computerized National Identity Card (CNIC).
g) A declaration that:
i. He/She is not ineligible to become a director of the Company under Section 153 of the Companies Act, 2017
and any other applicable laws, rules and regulations.
ii. He/She is not serving as a director of more than seven listed companies.
iii. Neither he/she nor his/her spouse is engaged in the business of brokerage or is a sponsor director or officer
of a corporate brokerage house.
iv. He/She is aware of his/her duties and powers under the Companies Act, 2017, Memorandum & Articles of
Association of Company, regulations of Pakistan Stock Exchange Limited and other applicable laws, rules
and regulations.
3. Participation in the AGM:
All members, entitled to attend and vote at the meeting, are entitled to appoint another person in writing as their
proxy to attend and vote on their behalf. A proxy must be a member of the Company. In case of corporate entities, a
resolution of the Board of Directors / power of attorney with specimen signature of the person nominated to represent
and vote on behalf of the corporate entity and attested copy of CNIC shall be submitted to the Company at meeting

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