Listed Companies: Sec 74 of Companies Act, 2017 "Change of Memorandum"
Reform IDE390
DescriptionPreviously, an alteration in the memorandum did not take effect unless approved by the SECP. However, the requirement for companies to have memorandum of association has now been removed completely.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationEntire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionEliminate
Cost Savings PKR (Mil.)
Evidence