Listed Companies: Sec 74 of Companies Act, 2017 "Share certificates to be evidence"
Reform IDE415
DescriptionCompanies were required to issue share certificates in physical form under company seal or issued in book entry form to be evidence of title. Proposal was made to shift to electronic shares certificates being evidence of ownership
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