4 Months - Diploma in

Corporate Laws

Course Overview

  • Duration: 4 Months
  • Mode of Study: On Campus Lectures (Classroom & Video Conference)
  • Available to students as well as professionals from all fields

The Diploma in Corporate Laws has been developed by Institute of Business Administration along with its trainers and industry experts to provide a qualification for students and professionals who are seeking to work in the Corporate and Financial Sector or in occupations where a practical knowledge of Corporate Law will be of utility. It acts as a standalone qualification for students and professionals.

The main aim of the Diploma in Corporate Laws is to give professionals and students the legal knowledge and practical insight into the workings of Corporate and Financial industry.

In particular, professionals and students will get an insight into the workings of law firms and the role that they can play in Corporate and Financial Sector entities across the country.

Holders of the Diploma will be able to demonstrate detailed knowledge and critical understanding of the major theories and concepts in corporate laws.

The Diploma in Corporate Laws aims to:

  • Develop professionals and students’ competence and practical skills in law
  • To lay the foundation for future pathway and continuing professional development.
  • To provide professionals and students with the relevant knowledge and understanding of law as it relates to the wider business context
  • The knowledge and skills that will enable them to follow a career in all areas of law and a wide range of careers in business, human resources and administration
  • Develop a comprehensive understanding of the legal framework governing corporations in Pakistan, including The Companies Act, Securities and Exchange Commission of Pakistan regulations, and other relevant legislations.
  • The candidates will be given projects such as demonstrating in-depth study of live business cases from the organizations.
  • There will be group activities and projects that will promote team building.
  • Visits to the headquarters of some of the crucial organizations.
  • Learning Management System.
  • Learning from the practitioners.
  • Guest Speaker Sessions.

Who should attend?

The Diploma Program in Corporate Laws is ideal for students and other professionals engaged in issues relating to corporate law who are looking to take the next step in their careers.

It’s available for both law and non-law graduates and the flexible structure makes it ideal for working professionals.

Working with lecturers who are leaders in their fields, and fellow students you’ll have a unique opportunity to gain an advanced understanding of Pakistani corporate law.

Entry requirements

The participants must meet anyone of the following eligibility criteria:

  • A bachelor's degree from HEC recognized educational institution in any area of study.

Work Experience:
A minimum of 1 years work experience in a legal position work be an advantage


Learning from the best practices & functions of projects around the world:

  • Lecture (Class room & Video Conference)
  • Project (Live business cases from the organizations)
  • Group Activities / Simulations/ Syndicate
  • Visits: Strategic Locations
  • Learning Management System
  • Learning from the practitioners
  • Guest Speakers
  • In-depth study of various projects in Pakistan
    • Manual
    • Case Studies
    • International Journals
    • Text Books

Module 1

  • Companies Act 2017 – Legal Aspect
    • Certificate of Incorporation – Name Availability – Regulation.
    • Memorandum of Association and Articles of Association – Formation and Alteration.
    • Commencement of Business – Section 19.
    • Conversions
    • Winding Up – Modes – Roles – Procedure – Case Studies – Easy Exit – Section 425

Module 2

  • Companies Act 2017 - Financial Aspect
    • Securities Act 2017 – Case Study.
    • Further Issuance of Shares.
    • Buy Back Regulations.
    • Related Party Agreements.
    • Investment in Associated Companies.
    • Mergers.
    • Acquisitions.
    • Reductions.

Module 3

  • Companies Act 2017- Related Laws to Corporate Governance – Managerial Aspect
    • Meetings of Directors and Shareholders.
    • Code of Corporate Governance for Listed Companies.
    • Code of Corporate Governance for Public Sector Companies.
    • Code of Corporate Governance for Insurance Companies.

Module 4

  • Companies Act 2017 – Bail Out Aspect and Other Provisions (Case Study)
    • Mediation and Arbitration.
    • Arrangement and Reconstruction.
    • Amalgamation and Wholly Owned Subsidiaries.
    • Prevention of Oppression.
    • Management by Administrator.
    • Rehabilitation of Sick Public Sector Companies.
    • Rehabilitation Act 2018.
    • Mortgages and Charges.
    • Receivers and Managers.

Module 5

  • Laws Related to Non-Banking Finance Companies + Guest Speaker Session
    • Case Study.
    • Companies Ordinance 1984 (S.282 A – S.282 M).
    • NBFC (Establishment & Regulation) Rules 2003.
    • NBFC and Notified Entities Regulations 2008.

Module 6

  • Other Corporate Laws
    • Modaraba Companies and Modaraba (Floatation and Control) Rules, 1981.
      • Modaraba Companies and Modaraba Rules, 1981 (Amendment).
      • Shariah Compliance Regulations.
    • Real Estate Investment Trusts Regulations, 2015.
      • Establishment and Licensing.
      • Eligible Assets – Minimum Asset Requirement.
      • Public Offering and Listing.
      • Distribution of Income.
      • Reporting and Transparency.
      • Shariah Compliant REITs.
    • Anti-Money Laundering Act 2010.
    • Competition Act 2010.

Module 7

  • Other Corporate Laws
    • Banking Companies Ordinance 1962.
    • Banking Companies (Amendment) Ordinance 2020.
      • Licensing and Regulation.
      • Prudential Regulations.
      • Consumer Protection.
      • Anti-Money Laundering and Counter Financing of Terrorism.
    • Digital Banking and FinTech.
    • Insurance Ordinance 2000.
      • Licensing and Regulation.
      • Types of Insurance.
      • Solvency Requirements.
      • Underwriting and Risk Management.
      • Takaful Regulations.
      • Reinsurance.
      • Insurance Intermediaries.
      • Reporting and Disclosure.
      • Dispute Resolution.
    • Central Depository Companies (Establishment and Regulation) Act, 1997.
    • Securities and Exchange Commission of Pakistan Act 1997.

Module 8

  • Overview of corporate compliance and its significance in the business environment.
  • Understanding the role and responsibilities of compliance professionals.
  • Importance of compliance in ensuring ethical behavior and adherence to laws and regulations.
  • Ethics and Business Conduct.
  • Risk Assessment and Management.
  • Data Protection and Privacy.
  • Compliance Audits and Investigations.
  • Whistleblowing and Reporting Mechanisms.
  • Corporate Compliance Case Studies.
  • Adjudication & Litigation:
    • Overview of the legal system in Pakistan and the role of adjudication and litigation.
    • Understanding the court structure and hierarchy in Pakistan.
    • Differences between adjudication and litigation and their significance in legal proceedings.
    • Civil Procedure Code.
    • Criminal Procedure Code.
    • Alternate Dispute Resolution.
    • Overview of alternative dispute resolution methods, including arbitration and mediation.
    • Benefits and limitations of ADR as an alternative to litigation.
    • ADR practices and procedures in Pakistan.
    • Corporate and Commercial Litigation.
      • Overview of corporate and commercial litigation in Pakistan.
      • Litigation related to contract disputes, company law matters, and commercial transactions.
      • Shareholders' rights and corporate governance-related litigation.
      • Professional Ethics & Legal Practice.

Module 9

  • Taxation of Persons
    • Individuals
    • Association of persons (AOP)
    • Companies
  • Principle of Taxation of Companies (Section 94)
  • Taxation of Dividends. (Section 5)
  • Tax on undistributed profits. (Section 5A)
  • Taxation Bonus Shares. (Section 236Z)
  • Alternate Corporate Tax (ACT). (Section 113C)
  • Proceedings against Companies under liquidation. (Section 225)
  • Disposal of assets under a scheme of arrangement and reconstruction. (Section 97A)
  • Group Taxation (Section 59AA)
  • Group relief (Section 59B)
  • Set off business loss consequent to Amalgamation(Section 57A)
  • Profit on non performing debt of Banking Companies or Development Finance Institution (DFI)(Section 30)
  • Transfer to Participatory Reserves. (Section 31)
  • Offences by Companies & AOP (Section 200)
  • Collection of tax in case of Private Companies. (Section 139)
  • Tax credit (100 %) for charitable organisation (S 100C)
Rahat Aziz Rahat Aziz

In his extensive and dynamic career, Mr. Rahat Aziz has amassed a wealth of expertise in corporate law, governance, and conducting trainings. Currently, he is a Founding Partner of SA Associates Corporate Consultants and Trainers, a renowned corporate law firm based in Karachi. He is also serving as the Assistant Professor and Director of the ORIC Project at the Institute of Business Administration, Karachi since December 2020, thereby demonstrating unwavering dedication to education, academic development and legal practice. His training experience includes significant contributions to renowned forums like the "Employees Federation of Pakistan" and "Institute of Chartered Accountants of Pakistan," where he conducts sessions on corporate laws, governance, and decision-making.

Regarded as a sought-after trainer, he has organized exclusive training programs for various corporate sector companies, including Fauji Fertilizer, Buyer (Pakistan) Limited, Shell (Pakistan) Limited, and Sindh Bank Limited. His expertise extends to delivering insightful knowledge to governmental authorities like the Securities & Exchange Commission of Pakistan, Pakistan Navy, and State Bank of Pakistan, focusing on topics like contract management and legal aspects.

In the international arena, he conducted a two-week training on "International Petroleum Laws" for the Ministry of Oil & Minerals, Republic of Yemen, held at SWISS - Grand Hotel, KL, Malaysia. As a seasoned corporate lawyer, he provides consultancy services to esteemed clients, counting GSK (Glaxo Smithkline Pakistan Limited), PNSC (Pakistan National Shipping Corporation), and Dawood Group among them.

Throughout his career, he has actively engaged in teaching as a visiting/adjunct faculty at renowned institutions such as ICAP, IBA, ICMA, IoBM, NIBAF, KSBL, and DOW University of Health Sciences. His dedication to education and legal practice has garnered accolades, and he serves as an Independent Director on the board of EFG Hermes Pakistan Limited, a multinational brokerage house listed on the Pakistan Stock Exchange.

Driven by a passion for continuous learning and an unwavering commitment to contribute to the fields of corporate law, governance, and education, he remains focused on making a lasting impact and driving progress within his areas of expertise.

Khalilullah Shaikh Khalilullah Shaikh

Mr. Shaikh is an accomplished professional with dual credentials as Fellow Chartered Accountant and Chartered Certified Accountant, achieving a historic milestone by earning five Gold Medals in an ICAP examination. He is also alumnus of NUS, Singapore, having attended its International Leadership Development Program. In his passion to contribute to public interest, he served eight years as elected Council member of ICAP, culminating in the role of the Youngest President of ICAP in 2019-20. Mr. Shaikh has made significant contributions to the accountancy profession regionally and globally, serving as a Board member of SAFA and as a member of the PAIB Committee of International Federation of Accountants (IFAC). Currently, he represents Pakistan as Technical Advisor on the global Board of IFAC.

In his corporate career, Mr. Shaikh has been a transformation leader, known for setting clear goals, empowering teams, and consistently delivering exceptional results. He currently holds positions as an Independent Director and Chairman of the Audit Committee at Alfalah GHP Investment Management Limited and Dow University of Health Sciences. His past roles include serving as the Chief Financial Officer at Pakistan International Airlines, Director Finance & Business Administration, Head of Supply Chain, and Chief Internal Auditor at K-Electric Limited. He has also headed treasury and MIS functions at the Shell Group and worked in Assurance and Business Advisory section of A. F. Ferguson & Co.

Mr. Shaikh's passion for human capital development is evident in his years of teaching Strategic Financial Management courses to CA & ACCA professionals, with an alumni network of over 2,000 CAs worldwide. He is a frequent speaker at conferences and seminars, both in Pakistan and abroad, representing IFAC. Mr. Shaikh is also a regular speaker at the ICAP Directors Training Program.

Muhammad Rizwan Khan Nausheen Ahmad

Ms. Nausheen Ahmad currently holds the positions of Company Secretary and General Counsel at Habib Bank Ltd. She began her legal career at Surridge and Beecheno after being called to the Bar from Grays Inn London in 1983.

Ms. Ahmad holds an LLM from the University of London, LLB from Kings College London, and a degree in philosophy of religion (AKC) from Kings College London. She is a registered Advocate of the Sindh High Court, Pakistan. Throughout her career, she has worked as in-house legal counsel for companies like ICI Pakistan Ltd, Unilever Pakistan Ltd, and Pakistan Petroleum Ltd, and she served as Head Legal and Company Secretary at ICI Pakistan for a decade. 

Currently, Ms. Ahmad is a director of First Women's Bank Ltd. and serves on the Advisory Board of the Lyceum School. She has been a Non-Executive Director of the Central Depository Company and has contributed to the task force on Corporate Governance of the Karachi Stock Exchange and the Overseas Chamber of Commerce and Industry. Actively representing HBL, she is involved with the legal and regulatory committees of the Pakistan Bank Association and the Pakistan Business Council. In 2006, she was accredited as a Mediator and Master Trainer by the Centre for Effective Dispute Resolution, UK. She regularly conducts Mediation training and is qualified to train in corporate governance and dispute resolution. Recently, she attended a course on Board Governance and Leadership offered by the Institute of Directors, UK.

Abdul Hameed Abdul Hameed Shaikh

Mr. Abdul Hameed Shaikh is a renowned Civil Servant and Tax Expert. He is passionate about teaching from his childhood and takes pride in developing innovative and novel methods of pedagogy. He is an Engineer from the University of Engineering & Technology, Karachi (NED) and served as Assistant Engineer, in Pakistan Steel Mills Corporation (PASMIC), Sui Southern Gas Company (SSGC), Rural Development Department (RDD) and Sindh Local Government (SLG). Later on, he qualified for Provincial Civil Services (PCS) examination and served as Section Officer in Sindh Secretariat, Government of Sindh. He did his Masters in Economics, with Bachelors in Law & Legislation (LLB). Subsequently, as a qualified Civil Servant (CSS), he joined the Federal Board of Revenue (FBR) and has served for two decades at various positions i.e. Chief of Sales Tax/Income Tax Policy (Direct and Indirect Taxes), at FBR HQ, Islamabad, Commissioner Audit & Legal. He is currently serving as Commissioner Appeals-I, Karachi, being the most prestigious legal assignment at FBR. Simultaneously, Mr. Hameed enjoys conducting capacity building sessions and imparting training to the Senior Civil Servants, at National Institute of Management (NIM), Inland Revenue Service Academy (IRS) and Pakistan Customs Service (PCS) Academy. He is also visiting Faculty at Institute of Chartered Accountants (ICAP), Institute of Cost & Management Accountancy (ICMA), Institute of Business Administration (IBA), Karachi. He is a well-known expert having a vast and rich experience spanning over 23 years in audit, assessment of tax techniques and adjudication of direct and indirect tax appeals. He is a ready reckoner of tax matters.

Muhammad Rizwan Khan Mohammad Sohaib Saleem

Mr. Sohaib is an accomplished Assistant Professor and Director of the ORIC Project at the Institute of Business Administration, Karachi, contributing since December 2020. Prior to this, he has served as an Assistant Professor at the same institution from May 2015 to November 2020, demonstrating his dedication to education and academia. 

Mr. Sohaib’s legal expertise is highlighted through roles as an In-house Legal Counsel at Pakistan State Oil (PSO) Ltd. from April 2010 to May 2015 and Sole Legal Adviser at KalSoft Ltd. from May 2008 to March 2010. Additionally, he has taught Business Law at the College of Management Sciences from January 2008 to December 2010 and served as a Lecturer in the Department of Law at SZABIST from January 2007 to May 2015. 

During his career, he has also held the position of Deputy Legal Adviser/Deputy General Manager at Karachi Electric Supply Company from January 2007 to May 2008 and significantly contributed to managing international business of polyester at Tradeline International from January 2003 to December 2006.

His strong educational background includes an LLM from the prestigious University of California, Berkeley, School of Law (Boalt Hall) in 2014 and an LLB through the University of London's International Program in 2007. 

He is an esteemed member of various boards and affiliations, including the Board of Advisors at ICCBS (KU), Wadhwani Foundation, NED ORIC, and SECP Fintech Regulation Pak. 

With multifaceted experiences and a commitment to excellence, I continue to drive innovation and progress in my fields of expertise, making valuable contributions to the academic and legal spheres.

Muhammad Rizwan Khan Muhammad Noman Akhter

Mr. Akhter is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP). His professional journey spans diverse roles in both public and private sectors. Currently, he is serving as an Independent Director on the board of Arif Habib Dolman REIT Management Limited and hold key positions in Proton Technologies (pvt.) Limited, Tech Menders (pvt.) Limited, and real estate projects. As a visiting faculty member at KnS Institute of Business Studies, he has helped students pursue CA (ICAP), ACCA (UK), and ICMAP (PAK) qualifications. Previously, he has contributed over a decade at the Securities & Exchange Commission of Pakistan (SECP), rising from Deputy Director to Director, overseeing the regulation of companies listed on the Pakistan Stock Exchange, including NBFCs. He has specialized in detecting fraud and malpractices, including insider trading and front running in mutual funds. He actively participates in roles that drive positive change, serving in a Joint Investigation Team (JIT) for a money laundering case and committees for sector audits and negotiations with Private Independent Power Producers. Prior to that, he has held key positions at Pakistan Cables Limited and A. F. Ferguson & Co. (PWC), where he has engaged in audit and assurance services for reputable organizations. Mr. Akhter has well-rounded experience and expertise making him a valuable asset in various sectors.

Muhammad Rizwan Khan Sarmad Aziz

He is a registered Advocate with Sindh Bar Council and Karachi Bar Association since 2013 as a High Court Advocate with an experience of more than five years in litigation pertaining to Corporate, Commercial, Family and Succession matters. 

Currently indulged in civil practice having expertise in Corporate and Commercial Law under the firm name of S.A. Associates Corporate Consultants and Trainers. He is also involved as Visiting Faculty at DOW and Ziauddin University Faculty of Law. 

He is qualified from University of London International Programme (LLB Hons) in the year 2013, and has completed his Masters of Business Administration (Finance Major) from Institute of Business Management. 

He has received mediation accreditation by the Institute for Strategic Conflict Resolution & Development (ISCRD) in which he received training on the Singapore mediation model as well as the EMTPJ mediation model approved by the European Commission. Considering such certification, he is a certified Mediator. 

He has conducted trainings to a number of professionals from the forum of S.A. Associates, belonging to the corporate sector and other civic associations.

On successful completion of this programme, students should be able to:

  • Demonstrate relevant legal knowledge and understanding of the basic principles of corporate laws which will equip them with an awareness of the operation of corporate law in all aspects of their professional career.
  • Demonstrate proficiency in identifying legal issues and know how to use their knowledge and analytical skills effectively across a range of problems
  • Interpret situations which require legal input and contribute meaningfully to these situations
  • Demonstrate understanding of legal issues and understand how to respond to these issues
  • Communicate effectively with clients, colleagues, and stakeholders using clear and concise language, and demonstrate professionalism and ethical behavior in all interactions
  • Effectively communicate information, arguments and analysis in a variety of forms to specialist and non-specialist audience
  • Demonstrate cognitive skills of critical thinking, analysis and synthesis
  • Demonstrate effective problem solving and decision making using appropriate quantitative and qualitative skills including identifying, formulating and solving legal problems
  • Take and demonstrate responsibility for their own learning and continuing personal and professional development
  • Demonstrate a commitment to lifelong learning and professional development by undertaking further training, develop existing skills and acquire new competences that will enable them to assume significant responsibility within organizations

IBA CEE Cancellation Policy for Diploma Programs

Upon receipt of Provisional Enrollment's Confirmation Email from IBA-CEE, the program fee is due. No refund or adjustment will be made for any reasons after that email. Cancellation request must be made in writing before the receipt of Provisional Enrollment's Confirmation email.

Program Fee

Program Fees: PKR 150,000/- (excluding of 5% SST)

20% early bird discount will be offered for registering before December 20, 2023.
Early bird discount unavailable for students opting to pay fee in installments

Fee Includes: Test and Exam Fees, Diploma and Transcript. Fees do not include course material, books, stationery, lunch and refreshments.

Registration fees PKR 1,000/-


Payment is due upon receipt of the acceptance of participants to the program along with the invoice.

Payment can be made using Online Banking or ATM Machine or Direct Bank Deposit in the branch of any bank, into the following bank account of IBA Karachi and share the deposit receipt which has the Paid Amount and Transaction ID written on, in reply to the Provisional enrollment's email.

Meezan Bank Details
Account Title IBA Karachi
A/c Number 9911-0101960067
Bank Name Meezan Bank Limited
Branch Jubilee Market Branch
Br. Code 9911
Currency PKR
Bank Address Meezan Bank Ltd, Jubilee Market Branch, Karachi

Please ensure that the deposit slip or paid receipt which has the paid amount and transaction ID-written on it, reaches the CEE office before commencement of the program as seat in the class will only be reserved once the fee is received.

No refund or adjustment will be made once the registration is confirmed in the program.

Registration Open Employment Laws and Industrial Relations

2:30 pm to 4:30 pm
5:00 pm to 7:00 pm

10:30 am to 12:30 pm
1:30 pm to 3:30 pm

Venue: City Campus
Email: ceeinfo@iba.edu.pk
Contact: Tel: (0213) 8104700
(Ext: 1814, 1808, 1809, 1812)


  • Registration 2 Feb 2024
  • Online Forms availability 2 Feb 2024
  • Submission of forms deadline July 5, 2024
  • Interviews & Enrollment offers July 10, 2024
  • Fee and Document Submission July 15, 2024
  • Orientation Ceremony August 3, 2024
  • Class commencement August 3, 2024

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