| Listed Companies: Sec 74 of Companies Act, 2017 "Disclosure of director interest in appointment of CEO, Secretary etc." |
| Reform ID | E405 |
| Description | This section required the directors having an interest in the appointment of the CEO, secretary and full time director to disclose interest and not take part in voting. The part of section requiring such obligation was prospoed to be eliminated to the premise of micro management of the Company affairs.
|
| Department | Securities and Exchange Commission of Pakistan (SECP) |
| Jurisdiction / Location | Entire Pakistan |
| Sector | All Sectors |
| Start Date | |
| Target Deadline | |
| Date Enacted | |
| Implementation Status | In Progress |
| Progress |
25%
|
| CCORR Direction | Eliminate |
| Cost Savings PKR (Mil.) | |
| Evidence | |