Listed Companies: Sec 74 of Companies Act, 2017 "Conversion of private company into a single member company and vice-versa"
Reform ID		F394
Description		Previously, approval from the SECP was required to convert a private company into a single-member company and vice versa; this has now been simplified, and no SECP approval is required.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date
Target Deadline
Date Enacted
Implementation Status		In Progress
Progress		25%
CCORR Direction		Simplify
Cost Savings PKR (Mil.)
Evidence