Listed Companies: Sec 74 of Companies Act, 2017 "Issuance of prospectus "
Reform IDE412
Description"Companies under this section were not to issue prospectus unless copy with signatures of all directors is filed with SECP.
Level 2 penalty for non-compliance. However, it was proposed to allow companies to submit electronic searchable copy of propectus after board approval."
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