Volume 1
Introduction to the Law and its Types
Definition and Sources of law [BL001]
Civil Law & Criminal Law [BL002]
Basic structure of Constitution of Pakistan [BL003]
Q&A Civil Law vs Criminal Law [BL007A]
Q&A Civil Law vs Criminal Law (ICAP Spring 2022) [BL167]
Q&A The Constitution of Pakistan (ICAP Spring 2021) [BL008]
The Process of the legislation as per the Constitution
Process of Legislation [BL005R]
Q&A Money Bill Process (ICAP Autumn 2016) [BL007B]
Q&A Govt System & Senate (ICAP Autumn 2018) [BL007D]
Q&A Delegated legislation (ICAP Spring 2018) [BL007E]
Q&A The Ordinance (ICAP Autumn 2020) [BL007F]
Q&A The process of legislation (ICAP Autumn 2021) [BL033]
Q&A Delegated legislation (ICAP Autumn 2022) [BL287]
Q&A Promulgation of an Ordinance (ICAP Spring 2023) [BL304]
Q&A Basis of legal system & sources of law (ICAP Autumn 2023) [BL317]
Q&A Bill Rejected by the Senate (ICAP Spring 2024) [BL339]
Q&A Delegated legislation (ICAP Autumn 2024) [BL354]
Q&A Sources of law and Role of Senate (ICAP Spring 2025) [BL371]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [BL162]
ICAP Autumn 2022 | MCQ (i) [SM044]
ICAP Autumn 2022 | MCQ (xii) [SM055]
ICAP Spring 2023 | MCQ (i) [SM010]
ICAP Spring 2023 | MCQ (iii) [SM012]
ICAP Autumn 2023 | MCQ (iv) [SM103]
Introduction to Contract
Preliminary (Introduction & Interpretation Clause) [BL023]
Promises, express and implied [BL030]
Communication, Acceptance and Revocation of Proposals
Manner of Communication: Proposal, Acceptance & Revocation [BL024]
Communication When Complete [BL025]
Revocation of proposals and acceptances [BL026]
Revocation how made (Manner of revocation of proposal) [BL027]
Acceptance: Conditions and Rules [BL028]
Q&A Murad and Sanum (ICAP Autumn 2015) [BL035A]
Q&A Batool and Saqib (ICAP Spring 2020) [BL035B]
Q&A Mashoor Associates (ICAP Spring 2016) [BL035C]
Q&A Saleem and Ghazi (ICAP Autumn 2018) [BL035D]
Q&A Ahmad and Adil (ICAP Spring 2019) [BL035E]
Q&A Essentials of Valid Acceptance (ICAP Autumn 2020) [BL170]
Q&A Mehmood and Sulman (ICAP Autumn 2020) [BL171]
Q&A Revocation of proposal (ICAP Autumn 2022) [BL291]
Q&A Lime Cement (b) (ICAP Autumn 2023) [BL322]
Q&A Cube Medicos & Rectangle Pharma (ICAP Spring 2024) [BL349]
Q&A Malik & Senior Citizen (ICAP Autumn 2024) [BL365]
Q&A DIO Lavender Oil (ICAP Spring 2025) [BL385]
Objective Based Q&A
MCQs 1 to 15 | Offer, acceptance and revocation [BL029]
MCQs Past Exams up to Spring 2022 [BL163]
ICAP Autumn 2022 | MCQ (v) [SM048]
ICAP Autumn 2022 | MCQ (x) [SM053]
ICAP Spring 2023 | MCQ (vi) [SM015]
ICAP Autumn 2023 | MCQ (viii) [SM107]
Validity of Contracts and Agreements
Definitions (Types of agreements & contracts) [BL031]
What agreements are contracts [BL032]
Who are Competent to Contract [BL036]
What is a sound mind for the purposes of contracting [BL037]
Disqualified from contracting by law [BL038]
Q&A Shoaib and Ijaz Munsif (ICAP Autumn 2019) [BL044A]
Q&A Aliya and Salma (ICAP Spring 2021) [BL011]
Consideration and Object
Definition: Consideration [BL039]
Agreements without Consideration [BL040]
What considerations and objects are lawful and what not [BL041]
Agreements void for partly unlawful consideration / object [BL042]
Q&A Mrs. Ikram and Nadeem (ICAP Autumn 2016) [BL044C]
Q&A Muneer and Furqan Butt (ICAP Spring 2020) [BL044D]
Q&A Naeem and Raheel Associates (ICAP Spring 2020) [BL044F]
Q&A Agreements without Consideration (ICAP Spring 2022) [BL168]
Q&A Agreement without consideration (ICAP Autumn 2023) [BL331]
Q&A Nonagon Books and Moiz (ICAP Spring 2024) [BL346]
Q&A Unlawful Consideration and Object (ICAP Spring 2025) [BL374]
Objective Based Q&A
MCQs 1 to 24 | Validity of contracts and agreements [BL043]
MCQs Past Exams up to Spring 2022 [BL164]
ICAP Autumn 2022 | MCQ (vii) [SM050]
ICAP Autumn 2022 | MCQ (viii) [SM051]
ICAP Autumn 2022 | MCQ (xi) [SM054]
Consent: Coercion and Undue Influence
Consent & Free Consent [BL073]
Power to set aside contract induced by undue influence [BL076]
Coercion vs. Undue influence [BL077]
Q&A Rafia vs Mujahid (ICAP Spring 2017) [BL095]
Q&A Ghazala vs Haroon (ICAP Autumn 2019) [BL096]
Q&A BT and Famous Actor (ICAP Spring 2022) [BL108]
Q&A Karim & Zain (ICAP Spring 2023) [BL306]
Consent: Fraud and Misrepresentation
Effect of fraud and misrepresentation on agreement [BL081]
Fraud vs. Misrepresentation [BL290]
Q&A Shafiq vs Abad (ICAP Spring 2016) [BL097]
Q&A Ghaffar vs Sharif (ICAP Autumn 2017) [BL098]
Q&A Dawood vs Mughal (ICAP Autumn 2018) [BL099]
Q&A Zameer vs Sultan (ICAP Autumn 2019) [BL100]
Q&A Differences (ICAP Autumn 2022) [BL292]
Q&A Exception to rescind (ICAP Autumn 2020) [BL105]
Q&A EJ vs Maria (ICAP Spring 2021) [BL106]
Q&A Fatima & Hammad (ICAP Autumn 2023) [BL320]
Q&A Rashid & Ayesha (ICAP Spring 2024) [BL351]
Q&A Agreements caused by fraud (ICAP Autumn 2024) [BL369]
Q&A Glacier Tours (ICAP Spring 2025) [BL388]
Consent: Mistake
Payment or delivery by mistake or under coercion [BL084]
Q&A Mistake (Practice Question) [BL101]
Q&A Mistake (ICAP Spring 2023) [BL308]
Q&A Mistake (ICAP Spring 2025) [BL383]
Expressly declared void agreements
Agreement in restraint of marriage [BL085]
Agreement in restraint of trade [BL086]
Agreement in restraint of legal proceedings [BL087]
Agreement void for uncertainty [BL088]
Agreements by way of wager [BL089]
Agreements collateral to wagering agreement [BL090]
No suit for recovery (wagering agreement) [BL091]
No credit for payment by guardian etc. (wagering) [BL092]
Q&A Sheeda vs Goga (ICAP Autumn 2014) [BL102]
Q&A Mansoor vs Arif (ICAP Autumn 2016) [BL103]
Q&A Taimure vs Basit (ICAP Autumn 2018) [BL104]
Q&A BT and Hafnium Limited (ICAP Spring 2022) [BL109]
Q&A Restriction on Business (ICAP Spring 2022) [BL110]
Q&A Rehan vs Salman (ICAP Spring 2021) [BL107]
Q&A Void Agreements (ICAP Spring 2024) [BL352]
Q&A Malik & Hamid (ICAP Autumn 2024) [BL366]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [BL165]
ICAP Spring 2023 | MCQ (viii) [SM017]
ICAP Autumn 2023 | MCQ (xi) [SM110]
Introduction
“Contingent contract” defined [BL055]
Contingent contract vs. Wagering agreement [BL056]
Q&A Vazir and Saulat (ICAP Spring 2017) [BL060A]
Q&A Zubair and Ubaid (ICAP Autumn 2018) [BL060B]
Q&A Contingent vs Wagering (ICAP Autumn 2023) [BL330]
Rules regarding contingent contracts
Enforceability of Contingent Contracts [BL057]
When event based on future conduct deemed impossible [BL058]
Q&A Enforcing Contingent Contracts (ICAP Spring 2022) [BL169]
Q&A Kamran Shah (ICAP Spring 2023) [BL309]
Q&A Square Research & Crescent Pharma (ICAP Spring 2024) [BL350]
Q&A Contingent contracts (ICAP Autumn 2024) [BL368]
Objective Based Q&A
MCQs 1 to 10 | Contingent contracts [BL059]
Contracts which must be performed
Contracts which must be performed [BL045]
Q&A Masoom and Mubarak (ICAP Spring 2015) [BL114]
Q&A Mahboob and Saulat (Practice Question) [BL115]
Appropriation of payments
Appropriation of payments [BL046]
Q&A Nisar and Mairaj (ICAP Autumn 2017) [BL054]
Q&A Ubaid and Bilal (Practice Question) [BL118]
Q&A Arowana Power Limited (ICAP Autumn 2021) [BL129]
Q&A Sultan and Wajahat (ICAP Autumn 2022) [BL293]
Q&A Steel Electronics (ICAP Autumn 2023) [BL329]
Contracts which need not be performed
Effect of novation, rescission and alteration [BL047]
Promisee may dispense with or remit performance of promise [BL048]
Effect of promisee's refusal or neglect [BL049]
Impossible acts / Subsequent impossibility or illegality [BL050]
Rescission of voidable contract [BL051]
Advantage received under void agreement / contract [BL052]
Q&A Discharge of Contract (PQ) [BL128]
Q&A Talib and Bashir (Practice Question) [BL116]
Q&A Lalchi Traders (ICAP Spring 2015) [BL119]
Q&A Imran Traders (ICAP Spring 2020) [BL117]
Q&A BT and Osmium Limited (ICAP Spring 2022) [BL112]
Q&A Sparrow Traders & Parrot Electrics (ICAP Spring 2023) [BL305]
Q&A Acceptable grounds of supervening impossibility (ICAP Spring 2023) [BL311]
Q&A Squash Management & Paragliding Club (ICAP Autumn 2024) [BL362]
Q&A Maaz & Furqan (ICAP Autumn 2024) [BL370]
Objective Based Q&A
MCQs 1 to 16 | Performance of Contract I [BL120]
MCQs Past Exams up to Spring 2022 [BL126]
ICAP Spring 2023 | MCQ (vii) [SM016]
ICAP Autumn 2023 | MCQ (i) [SM100]
By whom contracts must be performed
Person by whom promise is to be performed [BL053]
Rules regarding Performance of Joint Promises [BL122]
Q&A Faheem, Saleem and Jameel (ICAP Spring 2017) [BL132]
Q&A Farhan, Noman and Salman (ICAP Spring 2022) [BL137]
Q&A Munaf and Muslim (ICAP Autumn 2020) [BL172]
Q&A Saiqa & Alia (ICAP Spring 2023) [BL310]
Q&A Joint promises and rights (ICAP Autumn 2024) [BL367]
Q&A Fog Waters (ICAP Spring 2025) [BL380]
Time and place of performance
Time and Place for Performance [BL123]
Effect of failure to perform at fixed time [BL124]
Q&A Golden Foods (ICAP Autumn 2017) [BL133]
Q&A Potassium Farms (ICAP Spring 2022) [BL138]
Q&A Time and Place (ICAP Autumn 2022) [BL294]
Q&A Kazim and Zainab (ICAP Autumn 2022) [BL295]
Q&A Lime Cement (a) (ICAP Autumn 2023) [BL321]
Q&A Snowboarding Dealers (ICAP Autumn 2024) [BL364]
Q&A Offer of Performance (ICAP Spring 2025) [BL382]
Q&A DIO Castor Oil (ICAP Spring 2025) [BL386]
Q&A DIO Eucalyptus Oil (ICAP Spring 2025) [BL387]
Performance of reciprocal promises
Performance of Reciprocal Promises [BL125]
Q&A BT and Francium & Co (ICAP Spring 2022) [BL113]
Q&A Reciprocal promises (ICAP Autumn 2021) [BL136]
Q&A Reciprocal promises (ICAP Spring 2023) [BL307]
Q&A Bamboo Designers (ICAP Autumn 2023) [BL326]
Objective Based Q&A
MCQs 1 to 15 | Performance of Contract II [BL121]
MCQs Past Exams up to Spring 2022 [BL127]
ICAP Spring 2023 | MCQ (x) [SM019]
ICAP Autumn 2023 | MCQ (iii) [SM102]
Quasi Contracts
Quasi Contracts (Introduction) [BL139]
Supply of necessaries to person incapable of contracting [BL140]
Reimbursement of payment by interested person [BL141]
Obligation of person enjoying benefit of non-gratuitous act [BL142]
Responsibility of finder of goods [BL143]
Payment or delivery by mistake or under coercion [BL084]
Q&A Types of Quasi Contracts (ICAP Spring 2018) [BL145]
Q&A Baqir, Rohi and Sami (ICAP Spring 2015) [BL146]
Q&A Mohsin and Qasim Soomro (ICAP Spring 2020) [BL148]
Q&A Constructive Contracts (ICAP Spring 2022) [BL149]
Q&A Quasi Contracts (ICAP Spring 2024) [BL335]
Q&A Constructive Contracts (ICAP Spring 2025) [BL381]
Objective Based Q&A
MCQs 1 to 12 | Quasi Contracts [BL144]
Compensation for loss or damage caused by breach
Compensation for loss / damage caused by breach of contract [BL151]
Party rightfully rescinding contract entitled to compensation [BL153]
Q&A Phony (Pvt) Limited (ICAP Spring 2018) [BL156]
Q&A Compensation for Loss (PQ) [BL157]
Q&A Sarya Traders (ICAP Autumn 2020) [BL135]
Q&A Haroon Publishers (ICAP Autumn 2021) [BL158]
Q&A BT, Indium and Argon (ICAP Spring 2022) [BL111]
Q&A Rahim Khan (ICAP Autumn 2022) [BL296]
Q&A Pentagon Dealers & Sphere Ryders (ICAP Spring 2024) [BL340]
Q&A Nonagon Books & Heptagon Publishers (ICAP Spring 2024) [BL344]
Q&A Nonagon Books & Octagon Printers (ICAP Spring 2024) [BL345]
Q&A Squash Management & Athletes Association (ICAP Autumn 2024) [BL360]
Q&A DIO Olive Oil (ICAP Spring 2025) [BL384]
Compensation where penalty is stipulated
Compensation for breach where penalty stipulated for [BL152]
Q&A Compensation (ICAP Autumn 2023) [BL319]
Q&A Straw Farms (ICAP Autumn 2023) [BL325]
Objective Based Q&A
MCQs 1 to 12 | Consequences for breach of contract [BL154]
MCQs Past Exams up to Spring 2022 [BL155]
ICAP Autumn 2022 | MCQ (iii) [SM046]
ICAP Autumn 2022 | MCQ (iv) [SM047]
ICAP Spring 2023 | MCQ (v) [SM014]
ICAP Autumn 2023 | MCQ (vi) [SM105]
ICAP Spring 2024 | MCQ (vii) [SM162]
ICAP Autumn 2024 | MCQ (iii) [SM194]
Appointment of Agents
Authority of Agents
Q&A Doves & Co (Haroon) (ICAP Spring 2023) [BL301]
Q&A Agent and Authority (ICAP Spring 2024) [BL353]
Objective Based Q&A
MCQs 1 to 12 | Appointment and Authority of Agents [BL161]
Introduction
Introduction to Law of Partnership [BL179]
Test of Partnership
Mode of determining existence of partnership [BL180]
Partnership vs. Co-ownership of property [BL181]
Profit or loss sharing on loan from banking company [BL183]
Partnership is not created by status [BL184]
Sharing of profit not a conclusive evidence of partnership [BL182]
Q&A Sharing of profit (ICAP Autumn 2014) [BL182]
Q&A Sharing of profit (ICAP Autumn 2017) [BL182]
Q&A Sharing of profit (ICAP Autumn 2018) [BL182]
Q&A Sharing of profit (ICAP Autumn 2021) [BL182]
Q&A Munaf and Lari (ICAP Autumn 2015) [BL191]
Q&A X and Y (ICAP Spring 2018) [BL190]
Q&A Moiz, Adeeb and Mumtaz (ICAP Spring 2020) [BL189]
Q&A Sharing profits but not a partner (ICAP Autumn 2023) [BL324]
Types of Partnership and Partners
Q&A Types of Partnership (PQ) [BL192]
Objective Based Q&A
The Duties, Rights and Liabilities of Partners
General Duties of Partners [BL193]
Rights and duties by contract [BL194]
Rights and duties relating to conduct of business [BL195]
Mutual rights and liabilities [BL196]
Personal Profits earned by partners [BL197]
Rights and duties of partners after a change in firm [BL198]
Q&A Rafiq, Bari and Furqan (PQ) [BL201]
Q&A Abid, Rizwan & Salman (ICAP Autumn 2017) [BL202]
Q&A Sohail, Talha, Umair & Co. (PQ) [BL203]
Q&A Gul, Raza & Sami (ICAP Spring 2018) [BL204]
Q&A Mandatory Duties (ICAP Autumn 2019) [BL205]
Q&A Aftab, Rehan & Bali (ICAP Autumn 2019) [BL206]
Q&A Asghar, Babar & Careem (ICAP Spring 2017) [BL207]
Q&A General Duties of a Partner (ICAP Autumn 2020) [BL211]
Q&A Tahira, Farhana and Sadia (ICAP Spring 2021) [BL014]
Q&A Krypton Traders & Co. (ICAP Spring 2022) [BL212]
Q&A Pentagon Dealers & Triangular Tours (ICAP Spring 2024) [BL341]
Q&A Trapezoid Developers (ICAP Spring 2024) [BL347]
Q&A Abid and Indemnity (ICAP Spring 2024) [BL348]
Q&A SSRC and Shakir (ICAP Spring 2025) (BL377)
Q&A SCRC and Qasim (ICAP Spring 2025) (BL379)
The Property of the Firm
Application of the property of the firm [BL200]
Q&A Kashif, Irfan & Shujaat (PQ) [BL208]
Q&A Rufi (ICAP Spring 2016) [BL209]
Q&A Bader & Yaseen (ICAP Autumn 2018) [BL210]
Q&A Zareer Bridals (ICAP Spring 2022) [BL213]
Q&A Property of firm (ICAP Spring 2023) [BL215]
Q&A SCRC and Zahid (ICAP Spring 2025) (BL376)
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [BL215]
ICAP Spring 2023 | MCQ (xi) [SM020]
ICAP Autumn 2023 | MCQ (x) [SM109]
ICAP Spring 2024 | MCQ (xi) [SM166]
Work in process
Authority & Liabilities of a partner and the firm
Partner to be agent of the firm
Authority of Partners
Effect of admissions by a partner
Effect of notice to acting partner
Joint & Several liability of a partner for acts of firm
Liability of the firm for wrongful acts of a partner
Liability of firm for misapplication by partners
Q&A Saima, Ahsan and Bari (ICAP Spring 2020)
Q&A Restrictions on implied authority (PQ)
Q&A Liabilities of a partner and firm (PQ)
Q&A Asghar, Babar and Careem (ii) (ICAP Spring 2017)
Q&A Majid and Ebad (ICAP Spring 2018)
Q&A Taqi, Saqib and Abrar (ICAP Autumn 2018)
Q&A Sahir and Sarim (ICAP Spring 2019)
Q&A Faizan and Mehran (ICAP Spring 2019)
Q&A Restriction on implied authority (ICAP Spring 2020)
Q&A Nomi, Sultan and Behram (ICAP Spring 2015)
Q&A Doves & Co (Usama) (ICAP Spring 2023)
Q&A Granite Tiles (ICAP Autumn 2023)
Q&A Restrictions on implied authority (ICAP Spring 2024)
Holding out
Holding out
Q&A Concept of Holding out (PQ)
Q&A Kashif Electronics (ICAP Spring 2017)
Q&A Meher, Abid, Rani and Azra (ICAP Autumn 2015)
Q&A Ibad, Aslam and Mehmood (ICAP Autumn 2021)
Q&A Holding Out (ICAP Spring 2023)
Q&A Saad and Abid (ICAP Autumn 2023)
Rights of transferee of partner's interest
Rights of transferee of a partner's interest
Q&A Tehram, Rahil and Zain (ICAP Spring 2019)
Q&A Sameer, Fauzia and Sualat (PQ)
Q&A Maqbool, Rufi and Sham (ICAP Spring 2016)
Q&A Malik, Asif and Sohail (ICAP Spring 2021)
Q&A Pentagon Dealers & Circle Bank Ltd (ICAP Spring 2024)
Minors admitted to the benefits of partnership
Minors admitted to the benefits of partnership
Q&A Rustum, Mahmood and Wali (ICAP Autumn 2014)
Q&A Wasim, Ahmed and Salman (ICAP Autumn 2017)
Q&A Masoom, Rahul and Naila (ICAP Autumn 2019)
Q&A Raheel, Samina and Umair (ICAP Autumn 2016)
Q&A Saeed, Mona and Burhan (ICAP Autumn 2020)
Q&A Damask Traders (ICAP Autumn 2022)
Objective Based Q&A
MCQs 1 to 15
MCQs Past Exams up to Spring 2022
ICAP Spring 2023 | MCQ (ii)
ICAP Spring 2023 | MCQ (iv)
ICAP Autumn 2023 | MCQ (ix)
ICAP Spring 2024 | MCQ (ii)
ICAP Autumn 2024 | MCQ (xi)
Q&A Squash Management & Karate Transports (ICAP Autumn 2024)
Q&A Surfing Athletics (ICAP Autumn 2024)
Q&A Transferee of Partner's interest (ICAP Autumn 2024)
Work in process
Introduction
Introduction
Characteristics
Primary Parties
Holder & Holder in Due Course
Negotiation & Indorsement
Payment in due course
Q&A Sultan and Amjad (ICAP Spring 2020)
Q&A Payment of stolen cheque (PQ)
Q&A Holder in due Course (ICAP Spring 2019)
Q&A Terminology (ICAP Autumn 2014)
Q&A Negotiation and Indorsement (ICAP Spring 2016)
Q&A Bilal and Saad (ICAP Autumn 2021)
Promissory Note
Promissory Note
Q&A Identify Promissory Notes (PQ)
Q&A Sarwat and Zain (ICAP Spring 2016)
Q&A Mujahid and Shoaib (ICAP Autumn 2020)
Bill of exchange
Bill of Exchange
Promissory Note vs. Bill of Exchange
Q&A Payment Instrument to Tauseef (ICAP Autumn 2015)
Q&A Instruments signed by Rahul (ICAP Autumn 2018)
Q&A Validity of Instruments (ICAP Spring 2021)
Q&A Aftab, Kamran & Abdullah (ICAP Autumn 2022)
Q&A Doves & Co (Rizwan) (ICAP Spring 2023)
Q&A Instruments by Zareen (ICAP Autumn 2023)
Q&A Promissory note vs Bill of exchange (ICAP Autumn 2023)
Types of negotiable Instruments
Types: Order & Bearer instruments
Types: Inland & Foreign instruments
Types: Demand & Time instruments
Objective Based Q&A
MCQs 1 to 10
MCQs Past Exams up to Spring 2022
ICAP Autumn 2022 | MCQ (ix)
ICAP Spring 2023 | MCQ (ix)
ICAP Spring 2024 | MCQ (xii)
ICAP Autumn 2024 | MCQ (v)
ICAP Autumn 2024 | MCQ (vi)
Q&A Squash Management & Climbing Florals (ICAP Autumn 2024)
Cheque
Cheque
Cheque not operating as assignment of funds
Cheque vs Bill of Exchange
Crossing of cheque
Crossing of cheque
Q&A Not negotiable crossing (ICAP Autumn 2018)
Q&A Crossing of cheque after issue (ICAP Spring 2015)
Q&A Not negotiable crossing (ICAP Autumn 2020)
Q&A Crossing of Cheques (ICAP Spring 2021)
Q&A Pentagon Dealers & Cheque (ICAP Spring 2024)
Payment of cheque
Cheque crossed specially more than once
Payment in due course of crossed cheque
Payment of crossed cheque out of due course
Non-liability of bank receiving payment
Banker crediting “a/c payee” cheque
Revocation of banker’s authority
Bank Draft
Q&A Crossing a cheque more than once (ICAP Spring 2016)
Q&A Payment of stolen cheque (PQ)
Q&A Xenon Bank Limited (ICAP Spring 2022)
Q&A Rustom, Laiba & Rizwan (ICAP Autumn 2023)
Objective Based Q&A
MCQs 1 to 10
MCQs Past Exams up to Spring 2022
Q&A Types of cheque crossings (ICAP Autumn 2024)
Work in process
Anti-Money Laundering
Quick Introduction | Anti–Money Laundering Act, 2010
Predicate Offence (the concept)
Q&A Offences of money laundering
Q&A Money Laundering Offence (ICAP Spring 2022)
Q&A Financial Institution (ICAP Autumn 2023)
Objective Based Q&A
MCQs 1 to 15
MCQs Past Exams upto Spring 2022
ICAP Autumn 2024 | MCQ (iv)
Arbitration Act
Quick Introduction | Arbitration Act, 1940
Q&A Oreole Limited & Robin Limited ( Model Paper)
Q&A Powers of Arbitrator (ICAP Autumn 2022)
Q&A Powers of arbitrator (ICAP Autumn 2023)
Objective Based Q&A
MCQs 1 to 10 | Competition Act and Arbitration Act
MCQs Past Exams up to Spring 2022
ICAP Autumn 2022 | MCQ (ii)
ICAP Autumn 2023 | MCQ (v)
ICAP Autumn 2023 | MCQ (vii)
Volume 2
The Features of a Company
Company as Artificial Legal Person [CL021]
Transfer of Ownership & Perpetual Succession [CL022]
The Concept of Limited Liability [CL023]
Definitions and Types of Company
Company & Body Corporate [CL024]
Types of Company - Members’ Liability [CL025]
Types of Company - Private vs. Public [CL026e]
Types of Company – Holding & Subsidiary [CL027R]
Q&A Body Corporate (ICAP Spring 2018) [CL039A]
Q&A ABC (Pvt) Limited [CL039B]
Q&A Kaghan Resham Limited [CL039C]
Q&A Masters Limited (ICAP Spring 2019) [CL039D]
Q&A Private Company (ICAP Autumn 2024) [CL368]
Authorities, Officials, Members and Resolutions
Authorities & Officials in a company [CL028]
Resolutions by Members [CL030R]
Q&A Becoming a member (ICAP Autumn 2019) [CL039EE]
Q&A Special Resolution (ICAP Autumn 2018) [CL039F]
Association Not for Profit
Licencing of associations with charitable & NFP objects [CL031]
Effect of revocation of licence (of association NFP) [CL032R]
Q&A Al-Falah Associates [CL039G]
Q&A Cancer Research Association (ICAP Spring 2020) [CL039H]
Q&A Distinguishing Criteria Association NFP (ICAP Spring 2021) [CL008]
Registration of a Company
Obligation to register as company [CL033]
Mode of forming a company [CL034]
Registration of memorandum and articles [CL035]
Effect of registration (of Company) [CL036e]
Company's business with less than minimum number of members [CL037]
Q&A Shahbaz Limited (ICAP Autumn 2019) [CL039J]
Q&A Mandatory Registration (ICAP Spring 2022) [CL215]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL206]
ICAP Spring 2023 | MCQ (xii) [SM042]
ICAP Autumn 2023 | MCQ (v) [SM137]
ICAP Spring 2024 | MCQ (ii) [SM178]
ICAP Spring 2024 | MCQ (vi) [SM182]
ICAP Spring 2024 | MCQ (ix) [SM185]
ICAP Autumn 2024 | MCQ (iv) [SM224]
Memorandum of Association
Borrowing powers to be part of memorandum [CL018]
Memorandum to be printed, signed and dated [CL019R]
Name of Company
Prohibition of certain names [CL020]
Rectification of name of a company [CL040]
Change of name by a company [CL041]
Registration of change of name and effect thereof [CL042]
Publication of name by a company [CL043]
Penalties for non-publication of name [CL044]
Q&A Pharma Research Authority (ICAP Autumn 2020) [CL058B]
Q&A Printing (Private) Limited (ICAP Spring 2018) [CL058C]
Q&A Name of Company (ICAP Spring 2025) [CL381]
Registered Office and Principal Line of Business
Registered office of company [CL045]
Alteration of memorandum [CL046]
Q&A Paramount Limited [CL058D]
Q&A Muntaqil Limited (ICAP Spring 2016) [CL058E]
Q&A Principal Line (ICAP Spring 2019) [CL058F]
Q&A Mackerel Limited (ICAP Autumn 2021) [CL216]
Q&A Business and Objects (ICAP Spring 2025) [CL382]
Articles of Association
Registration of articles [CL047]
Table A Contents – Articles of Company Limited by Shares [CL048]
Articles to be printed, signed and dated [CL049R]
Alteration of articles [CL050]
Q&A Young Engineers (ICAP Spring 2020) [CL058G]
Q&A Articles of Association (ICAP Autumn 2023) [CL349]
General Provisions as to Memorandum & Articles
Copies of memorandum and articles to be given to members [CL052]
Effect of memorandum and articles (on members) [CL053R]
Effect of alteration in memorandum or articles [CL054]
Alteration of memorandum/articles to be noted in every copy [CL055]
Form of memorandum and articles [CL056]
Q&A Arizona Grill Limited [CL058H]
Q&A Platinum Limited (ICAP Autumn 2023) [CL350]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL207]
ICAP Autumn 2022 | MCQ (i) [SM056]
ICAP Autumn 2023 | MCQ (xiv) [SM146]
Introduction and Eligibility
Director: Definition & Introduction [CL088]
Consent to act as director to be filed with company [CL094]
Number of directorships [CL091]
Minimum number of directors of a company [CL090]
Ineligibility of certain persons to become director [CL089]
Ineligibility of bankrupt to act as director [CL095]
First directors and their term [CL093]
Term of office of directors [CL099]
Retirement of first and subsequent directors [CL096]
Q&A HP Limited (ICAP Spring 2018) [CL119]
Q&A SE Limited (Practice Question) [CL120]
Q&A Exceptions: Director must be member (ICAP Autumn 2024) [CL361]
Election, Nomination and Casual Vacancy
Procedure for election of directors [CL097]
Nominee directors & related provisions [CL102]
Fresh election of directors (+Q&A ABC Limited) [CL100]
Powers of Court to declare election of directors invalid [CL098]
Validity of acts of directors (+Q&A Junaid) [CL103]
Director appointed to fill up casual vacancy [CL104]
Q&A Al-Falah Sugar Mills Limited (Practice Question) [CL122]
Q&A Alpha Securities Limited (Practice Question) [CL123]
Q&A Lalazar Limited (i) (Practice Question) [CL124]
Q&A Goldfish Limited (ICAP Autumn 2021) [CL144]
Vacation of Office and Removal
Vacation of office by the directors [CL105]
Q&A Behaal Limited (ICAP Spring 2018) [CL125]
Q&A ABC Limited (Practice Question) [CL126]
Q&A Babar (Practice Question) [CL127]
Q&A Aslam (Practice Question) [CL128]
Q&A Sun Limited (Practice Question) [CL129]
Q&A Baalbek Limited (ICAP Autumn 2018) [CL130]
Q&A Lalazar Limited (ii) (Practice Question) [CL131]
Q&A Cartier Metal Limited (I) (ICAP Spring 2023) [CL332]
Q&A Rail Holding (Private) Limited (ICAP Spring 2024) [CL359]
Powers and Duties
Compliance with the Code of Corporate Governance [CL092]
Liabilities of directors and officers (+Q&A Chalaak Ltd & Shining Star Ltd) [CL108]
Protection to independent and non-executive directors [CL109]
Q&A Rahbar Refineries Limited (Practice Question) [CL132]
Q&A Excellent Technologies Limited (ICAP Autumn 2020) [CL133]
Q&A Not an Independent director (ICAP Autumn 2023) [CL343]
Proceedings
Proceedings of the board [CL110]
Passing of resolution by the directors through circulation [CL111]
Records of resolutions and meetings of board [CL112]
Q&A Haider Limited (Practice Question) [CL134]
Restrictions, Prohibitions and Limitations
Restriction on director’s remuneration [CL113]
Prohibition on assignment of office by directors [CL114]
Restriction on non-cash transactions involving directors [CL115]
Loans to directors: requirement of members’ approval [CL116]
Political Contributions & Distribution of Gifts [CL117]
Q&A Statements’ analysis (Practice Question) [CL121]
Q&A Independent director & Remuneration (ICAP Autumn 2019) [CL135]
Q&A KM Limited (Practice Question) [CL136]
Q&A Hameed in ABC Limited (Practice Question) [CL137]
Q&A Rapid Constructions Limited (ICAP CFAP Winter 2016) [CL138]
Q&A King Limited (ICAP CFAP Summer 2019) [CL139]
Q&A Kismet Limited (ICAP CFAP Winter 2019) [CL140]
Q&A Shah Limited (Practice Question) [CL141]
Q&A Azad Limited (Practice Question) [CL142]
Q&A TS Limited (Practice Question) [CL143]
Q&A Sodium Industries Limited (ICAP Autumn 2023) [CL341]
Q&A Hogfish (Private) Limited (ICAP Autumn 2024) [CL362]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL208]
ICAP Autumn 2022 | MCQ (viii) [SM063]
ICAP Autumn 2022 | MCQ (xii) [SM067]
ICAP Spring 2023 | MCQ (v) [SM035]
ICAP Spring 2023 | MCQ (vii) [SM037]
ICAP Spring 2023 | MCQ (viii) [SM038]
ICAP Autumn 2023 | MCQ (vii) [SM139]
ICAP Spring 2024 | MCQ (i) [SM177]
ICAP Spring 2024 | MCQ (xii) [SM188]
ICAP Autumn 2024 | MCQ (viii) [SM228]
ICAP Autumn 2024 | MCQ (xv) [SM235]
Chief executive
Definition: Chief Executive [CL146]
Restriction on appointment of chief executive [CL150]
Appointment of first chief executive [CL147]
Appointment of subsequent chief executive [CL148]
Terms of appointment of chief executive [CL149]
Removal of chief executive [CL151]
Chief executive not to engage in competing business [CL152]
Q&A Faraya Limited (ICAP Autumn 2018) [CL159]
Q&A Young Engineers (ICAP Spring 2020) [CL160]
Q&A Appointing the CEO (Practice Question) [CL161]
Q&A Tabdily (Private) Limited (ICAP Spring 2016) [CL162]
Q&A ST Limited (Practice Question) [CL163]
Q&A Hassam Textile Mills Limited (ICAP Autumn 2019) [CL164]
Q&A CEO in ABC Limited (Practice Question) [CL165]
Q&A Bravo (Private) Limited (ICAP Summer 2018) [CL166]
Q&A Ryan Industries Limited (Practice Question) [CL167]
Q&A Hamid Textile Mills Limited (Practice Question) [CL168]
Q&A Pearl Limited (ICAP Spring 2021) [CL006]
Q&A Appointment and Removal of CEO (ICAP Spring 2022) [CL170]
Q&A Vacation of office of chief executive (ICAP Spring 2023) [CL327]
Q&A Axis Cement Limited (ICAP Spring 2023) [CL328]
Q&A Rohu Limited (ICAP Autumn 2024) [CL375]
Other officers
Chairman in a listed company [CL153]
Public company required to have secretary [CL155]
Listed company to have share registrar [CL156]
Bar on appointment of sole purchase, sales agents [CL157]
Q&A Faisal Limited (ICAP Spring 2019) [CL169]
Objective Based Q&A
MCQs 1 to 10 | Chief executive and other officers [CL158]
MCQs Past Exams up to Spring 2022 [CL209]
ICAP Autumn 2022 | MCQ (v) [SM060]
ICAP Autumn 2022 | MCQ (vii) [SM062]
ICAP Autumn 2022 | MCQ (ix) [SM064]
ICAP Spring 2023 | MCQ (ii) [SM032]
ICAP Autumn 2024 | MCQ (ix) [SM229]
Share capital
Nature, Numbering and Certificate of Shares [CL174]
Publication of authorised as well as paid-up capital [CL175]
Classes and kinds of share capital [CL172]
Alteration of articles [CL050]
Variation of shareholders’ rights [CL173]
Q&A Saga Limited (ICAP Autumn 2018) [CL177]
Q&A Pioneer Shipping Limited (ICAP Summer 2018) [CL178]
Q&A Sapphire Limited (ICAP Spring 2021) [CL004]
Q&A Cadmium Limited (ICAP Autumn 2023) [CL348]
Alteration of share capital clause in Memorandum
Power of company to alter its share capital [CL059R]
Q&A Swordfish (Private) Limited (ICAP Autumn 2024) [CL366]
Commencement of Business
Commencement of business by a public company [CL185]
Q&A Commencement of Business (ICAP Autumn 2019) [CL200]
Objective Based Q&A
MCQs 1 to 15 | Share Capital [CL171]
MCQs Past Exams up to Spring 2022 | Share Capital [CL176]
ICAP Autumn 2022 | MCQ (ii) [SM057]
Introduction
Borrowing Powers and Forms of Borrowings & Security [CL066]
Registration
Requirement to register a mortgage or charge [CL067]
Duty of company & right of interested party of registration [CL068]
Modification, Satisfaction and Rectification
Modification in the particulars of mortgage or charge [CL069]
Company to report satisfaction of charge [CL072]
Power of registrar (satisfaction & release of charge) [CL073]
Rectification of register of mortgages [CL071]
Q&A Kalaam Limited (i) [CL076A]
Q&A Kalaam Limited (ii) [CL076B]
Q&A Saad Textile Mills Limited (i) [CL076C]
Q&A Saad Textile Mills Limited (ii) [CL076D]
Q&A Armani Weavings Limited (ICAP Spring 2023) [CL324]
Q&A Eagle Limited (ICAP Spring 2024) [CL358]
Q&A Grapes Hotels Limited (ICAP Spring 2025) (CL377)
Records and Register
Copy of instrument creating mortgage/charge [CL070]
Company’s register of mortgages and charges [CL074]
Q&A Registration (ICAP Autumn 2022) [CL313]
Q&A Orange Limited (ICAP Autumn 2022) [CL314]
Objective Based Q&A
MCQs 1 to 10 | Mortgages and Charges [CL075]
MCQs Past Exams up to Spring 2022 [CL204]
ICAP Autumn 2022 | MCQ (iii) [SM058]
ICAP Autumn 2023 | MCQ (vi) [SM138]
ICAP Spring 2024 | MCQ (iii) [SM179]
Company Meetings
Types of Meetings of a Company [CL225]
Statutory meeting of Company [CL226]
Annual General Meeting (AGM) [CL227]
Calling of Extra-ordinary General Meeting (EGM) [CL228]
Power of Commission to call meetings [CL229]
Q&A Statutory Meeting Requirement (PQ) [CL230]
Q&A Joint Limited (ICAP Autumn 2018) [CL231]
Q&A Karachi Telecom Limited (PQ) [CL232]
Q&A AGM Time Limit (PQ) [CL233]
Q&A Peach Panther Limited (PQ) [CL235]
Q&A Violet Limited (ICAP Spring 2022) [CL221]
Q&A Apple Spinning Limited (ICAP Spring 2025) (CL388)
Service of documents and notices
Service of documents and notices [CL077]
Q&A Serving notice on members (ICAP Autumn 2024) (CL365)
Conduct of meetings
Provisions as to meetings and votes [CL241]
Voting by show of hands [CL242]
Representation of body corporate at meetings [CL245]
Representation of government at meetings [CL246]
Quorum of general meeting [CL247]
Court declaring a general meeting invalid [CL248]
Q&A Special Business (PQ) [CL254]
Q&A Unique Limited (ICAP Spring 2018) [CL255]
Q&A Fancy Works Limited (ICAP Autumn 2019) [CL258]
Q&A Green Leaf Limited (PQ) [CL259]
Q&A Classic Paints Limited (PQ) [CL260]
Q&A Mastermind Technologies Limited (PQ) [CL262]
Q&A NokeJhoke Limited (ICAP Autumn 2015) [CL263]
Q&A Alpha Limited (ICAP Spring 2020) [CL264]
Q&A Trade Limited (PQ) [CL265]
Q&A Brown Enterprise Limited (ICAP Spring 2022) [CL219]
Q&A Red Coral Limited (ICAP Spring 2021) [CL005]
Q&A Dolphin Limited (ICAP Autumn 2021) [CL236]
Q&A Cartier Metal Limited (II) (ICAP Spring 2023) [CL333]
Q&A Hafnium Engineering Limited (ICAP Autumn 2023) [CL345]
Q&A Palla Limited (ICAP Autumn 2024) (CL374)
Q&A Plum Weaving (Private) Limited (ICAP Spring 2025) (CL383)
Resolutions and Records
Resolution passed at adjourned meeting [CL250]
Passing of resolution by members through circulation [CL251]
Filing of special resolution [CL252]
Records of resolutions and meetings [CL253]
Q&A Majestic Limited (PQ) [CL267]
Q&A Duck Fertilizers Limited (ICAP Autumn 2020) [CL268]
Q&A Tripod Limited (PQ) [CL269]
Q&A Rapid Construction Limited (PQ) [CL270]
Q&A Saleem Hussain (ICAP Autumn 2021) [CL181]
Q&A Crimson Limited (ICAP Spring 2022) [CL182]
Q&A Penguin Limited (ICAP Spring 2024) [CL356]
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL210]
ICAP Autumn 2022 | MCQ (x) [SM065]
ICAP Autumn 2023 | MCQ (i) [SM133]
ICAP Autumn 2023 | MCQ (ii) [SM134]
ICAP Autumn 2023 | MCQ (ix) [SM141]
ICAP Spring 2024 | MCQ (v) [SM181]
ICAP Spring 2024 | MCQ (vii) [SM183]
ICAP Spring 2024 | MCQ (xi) [SM187]
ICAP Spring 2024 | MCQ (xv) [SM191]
ICAP Autumn 2024 | MCQ (i) (SM221)
Declaration of Dividend
Certain restrictions on declaration of dividend [CL271]
Q&A Restriction on Dividend (ICAP Spring 2018) [CL274]
Q&A Analysis of Statement (PQ) [CL275]
Q&A Restriction on Dividend (ICAP Autumn 2021) [CL237]
Payment of Dividend
Dividend to be paid only out of profits [CL272]
Power to close register [CL078]
Manner & Time Limit for Payment of Dividend [CL086R]
Directors not to withhold declared dividend [CL273]
Q&A Ashanti Limited (ICAP Autumn 2018) [CL276]
Q&A Giant Industries Limited (ICAP Spring 2020) [CL277]
Q&A Exceptions to Payment of Dividend (PQ) [CL278]
Q&A Clove Engineering Limited (ICAP Autumn 2015) [CL279]
Q&A Dinar Limited (PQ) [CL280]
Q&A Closure of register & notice (ICAP Autumn 2022) [CL319]
Q&A Dividend Regulations (ICAP Autumn 2022) [CL312]
Q&A No penalty for delay in payment of dividend (ICAP Spring 2023) [CL334]
Q&A Uranium Limited (ICAP Autumn 2023) [CL346]
Q&A Dividend by Public Companies (ICAP Spring 2024) [CL360]
Q&A Bluefish Limited (ICAP Autumn 2024) (CL363)
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL211]
ICAP Autumn 2022 | MCQ (vi) [SM061]
ICAP Autumn 2022 | MCQ (xi) [SM066]
ICAP Spring 2023 | MCQ (xiii) [SM043]
ICAP Autumn 2023 | MCQ (viii) [SM140]
ICAP Autumn 2023 | MCQ (xi) [SM143]
ICAP Autumn 2024 | MCQ (xii) (SM232)
ICAP Spring 2025 | MCQ (v) (SM270)
Investments by a company
Definition of associated companies and undertakings [CL282]
Investment in associated companies and undertakings [CL283]
Investments of company to be held in its own name [CL284]
Q&A Kalaam Limited (ICAP Autumn 2019) [CL288]
Q&A Ironside Limited (ICAP Spring 2016) [CL289]
Q&A Oliver Travels Limited (ICAP Autumn 2020) [CL239]
Q&A Silver Topaz Limited (ICAP Spring 2021) [CL007]
Q&A Blush Pakistan Limited (ICAP Spring 2022) [CL220]
Q&A Aramis Limited (ICAP Spring 2023) [CL326]
Q&A Falcon Cars Limited (ICAP Spring 2024) [CL355]
Q&A Amrood Packaging Limited (ICAP Spring 2025) (CL386)
Disclosure of interest
Disclosure of interest by director [CL285]
Interested director not to participate or vote [CL286]
Related party transactions [CL080]
Q&A Procedure for general notice (PQ) [CL290]
Q&A Participation in board meetings (ICAP Autumn 2018) [CL291]
Q&A Faraz Limited (ICAP Autumn 2019) [CL292]
Q&A Golden Industries Limited (ICAP Spring 2022) [CL223]
Q&A Proceedings of board meetings (ICAP Autumn 2022) [CL321]
Q&A Cherry Limited (ICAP Autumn 2022) [CL323]
Q&A Nakin Tyre Limited (ICAP Spring 2023) [CL329]
Q&A Related party (ICAP Autumn 2023) [CL340]
Q&A Marlin Textile Limited (ICAP Autumn 2024) (CL367)
Q&A Interested Director (ICAP Spring 2025) (CL379)
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL212]
ICAP Spring 2023 | MCQ (ix) [SM039]
Books of Accounts
Definitions: Accounts and Financial Statements [CL293]
Books of account, to be kept by company [CL294]
Q&A SQL Plastics Limited (PQ) [CL301]
Financial Statements
Approval and authentication of financial statements [CL296]
Copy of financial statements to the registrar [CL297]
Quarterly financial statements of listed companies [CL298]
Q&A Financial Statements of private company (ICAP Spring 2018) [CL302]
Q&A Raza Enterprises Limited (PQ) [CL303]
Q&A Financial Statements not adopted (PQ) [CL304]
Q&A Quarterly Financial Statements (ICAP Autumn 2020) [CL240]
Q&A Opal Limited (ICAP Spring 2021) [CL003]
Q&A Red Limited (ICAP Spring 2022) [CL222]
Q&A Quarterly financial statements (ICAP Autumn 2022) [CL316]
Q&A Dates Ceramics Limited (ICAP Autumn 2022) [CL318]
Q&A Financial statements & Body Corporate (ICAP Spring 2023) [CL330]
Q&A Approval & authentication of financial statements (ICAP Spring 2023) [CL331]
Q&A Accounts & Financial Statements (ICAP Autumn 2023) [CL342]
Q&A Half-yearly & Annual Accounts (ICAP Spring 2024) [CL357]
Q&A Pear Farming Limited (ICAP Spring 2025) (CL376)
Q&A First Financial Statements (ICAP Autumn 2024) (CL372)
Q&A Salmon Limited (ICAP Autumn 2024) (CL371)
Group Financial Statements
Consolidated financial statements [CL082]
Financial year of holding company and subsidiary [CL083]
Q&A Muskmelon Investment Limited (ICAP Autumn 2022) [CL322]
Q&A Nickel Motors Limited (ICAP Autumn 2023) [CL339]
Directors' report and Statement of compliance
Duty to prepare directors’ report and statement of compliance [CL299]
Contents of directors’ report & statement of compliance [CL300]
Q&A Business Review (ICAP Spring 2019) [CL305]
Q&A Iqra Industries Limited (PQ) [CL306]
Q&A Business Review Section (ICAP Spring 2022) [CL224]
Q&A Contents of Directors Report (ICAP Spring 2021) [CL002]
Q&A Contents of directors’ report (ICAP Spring 2023) [CL335]
Q&A Business Review (ICAP Spring 2024) [CL352]
Q&A Jamun Processing Limited (ICAP Spring 2025) (CL387)
Annual Return
Q&A Jaleel Khan (ICAP Autumn 2024) (CL364)
Objective Based Q&A
MCQs Past Exams up to Spring 2022 [CL213]
ICAP Autumn 2022 | MCQ (xiii) [SM068]
ICAP Spring 2023 | MCQ (i) [SM031]
ICAP Spring 2023 | MCQ (iii) [SM033]
ICAP Autumn 2023 | MCQ (xii) [SM144]
ICAP Spring 2024 | MCQ (xiii) [SM189]
ICAP Autumn 2024 | MCQ (v) (SM225)
ICAP Autumn 2024 | MCQ (x) (SM230)