Listed Companies: Sec 74 of Companies Act, 2017 "Bar on sole agents"
Reform ID		E409
Description		Companies under this section shall only appoint sole sale, purchase, or distribution agents with SECP approval. However, it was agreed that the approval of SECP is to be replace with Special Business of the Company i.e. approval of majority of the members.
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		Simplify
Cost Savings PKR (Mil.)
Evidence