| Listed Companies: Sec 74 of Companies Act, 2017 "Financial year of holding company" |
| Reform ID | E407 |
| Description | This provision of law required the Holding company and its subsidiaries to make sure that their financial years coincide unless having good reasons. This requirement was proposed to be eliminated.
|
| 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 | |