Listed Companies: Sec 74 of Companies Act, 2017 "Conversion of a Company limited by guarantee to Company Limited by shares and vice-versa"
Reform IDE398
DescriptionPreviously, approval from the SECP was required to convert a company limited by guarantee to a company limited by shares and vice versa; this has now been simplified, and no SECP approval is required.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationEntire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionSimplify
Cost Savings PKR (Mil.)
Evidence