The Pakistan Yarn Merchants Association was established in 1960 in pursuance Companies act VII of 1913 (Now Companies Ordinance 1984) and Mr. S. Osman Ali, S.QA, CSP, Secretary to the Ministry of Commerce issued license no.49 on 21 st April 1960. Certificate of Incorporation was issued on in favour of The Pakistan Yarn Merchants Association under the Companies act VII of 1913 (Now Companies Ordinance 1984) on 24 th November 1960 by Mr. M.Y. Siddiqui, Registrar of Joint Stock Companies, Karachi .
Mr. Ahmed Abdullah Mr. Ahmad Adaya Mr. Mohammad Ismail Ahmed Mr. Suleman Dawood Mr. Mohammad Siddique Mr. A. Razzak Aziz Mr. Zakir Mashhadi Mr. Noor Mohammad Osman Mr. Abdul Shakoor Naviwala
Following are the key objectives for which The Pakistan Yarn Merchants Association was established. 1. To protect and promote in Pakistan and elsewhere the interest of merchants and dealers in Yarn of all grades, kinds and descriptions, including Cotton & Mercerised Yarn, Silk & Rayon Yarn, Woolen Yarn, Staple Fibre Yarn and all other Synthetic Yarns and to take all steps, necessary or advisable, for the protection and promotion of the trade in Yarns generally. 2. To create a spirit of co-operation and mutu