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Business Law
Report
“BraveHeart Security”
Presented to : Ms. Rabia Nawaz
Presented By:
Mohammad Shayan Babar Khan 12981
Muhammad Salman Tahir 12468
Muhammad Hamza Laiq 12209
Zubair Hussain 12131
Salman Hassan 12424
DATED: 02/05/2012
About BraveHeart Security
* It is a private Security company under the partnership of the above listed names and operates by providing security guards to general public and institutions. * Established under the administrative order issued by the Ministry of interior in 1988. * It will operate as a partnership at will. * Registered by the Securities & Exchange Commission and holder of NOC by the Ministry of Interior. * Besides the sleeping partner, all other partners engage in the management and operation of the company. * Guards hired by the firm are obtained from rural areas who represent the skill and knowledge of handling small arms and ex-military individuals with expert knowledge on arms and ammunition. * Training of guards takes place on a quarterly basis once a year.
Partnership Deeds
Nature of business: Security Firm
Head Office: Plot A 51 Block 13 D,Gulshan, Karachi, Pakistan
Name of the firm: Brave Heart Security Names of Partners: Salman Hassan, Shayan Khan, Zubair Husain, Hamza Laiq and Salman Tahir
Duration of the Firm: At will
Profit-sharing Ratios: 60% Salman Hassan; 10% Shayan Khan; 10% Salman Hassan; 10% Hamza Ahmed; 10% Zubair Hussain.
Interest on Capital: 7% for all partners.
Interest on Drawings: 10% for all partners.
Management: Finance- Shayan Khan; Sales- Zubair Hussain; Marketing- Hamza Ahmed; Human Resource- Salman Tahir
Accounts & Finance: Shayan Khan- CFO
Arbitration/Resolution of Disputes: Shayan Khan & Salman Tahir (Arbitrators)
Roles and Duties of Partners
1. Major Investor-Salman Hassan * Investing 70% capital. * Sleeping partner
2. Finance Director – Shayan Khan
* Providing the estimated sales,
Report
“BraveHeart Security”
Presented to : Ms. Rabia Nawaz
Presented By:
Mohammad Shayan Babar Khan 12981
Muhammad Salman Tahir 12468
Muhammad Hamza Laiq 12209
Zubair Hussain 12131
Salman Hassan 12424
DATED: 02/05/2012
About BraveHeart Security
* It is a private Security company under the partnership of the above listed names and operates by providing security guards to general public and institutions. * Established under the administrative order issued by the Ministry of interior in 1988. * It will operate as a partnership at will. * Registered by the Securities & Exchange Commission and holder of NOC by the Ministry of Interior. * Besides the sleeping partner, all other partners engage in the management and operation of the company. * Guards hired by the firm are obtained from rural areas who represent the skill and knowledge of handling small arms and ex-military individuals with expert knowledge on arms and ammunition. * Training of guards takes place on a quarterly basis once a year.
Partnership Deeds
Nature of business: Security Firm
Head Office: Plot A 51 Block 13 D,Gulshan, Karachi, Pakistan
Name of the firm: Brave Heart Security Names of Partners: Salman Hassan, Shayan Khan, Zubair Husain, Hamza Laiq and Salman Tahir
Duration of the Firm: At will
Profit-sharing Ratios: 60% Salman Hassan; 10% Shayan Khan; 10% Salman Hassan; 10% Hamza Ahmed; 10% Zubair Hussain.
Interest on Capital: 7% for all partners.
Interest on Drawings: 10% for all partners.
Management: Finance- Shayan Khan; Sales- Zubair Hussain; Marketing- Hamza Ahmed; Human Resource- Salman Tahir
Accounts & Finance: Shayan Khan- CFO
Arbitration/Resolution of Disputes: Shayan Khan & Salman Tahir (Arbitrators)
Roles and Duties of Partners
1. Major Investor-Salman Hassan * Investing 70% capital. * Sleeping partner
2. Finance Director – Shayan Khan
* Providing the estimated sales,