Listed Companies: Sec 74 of Companies Act, 2017 "Issue of shares at discount"
Reform ID		F418
Description		Under this section company may issue shares on discount after passing a special resolution at general meeting, meeting statutory conditions, and after obtaining approval of SECP. However, it was proposed that the approval of SECP shall not be required once a company passes a special resolution to issue shares on discount.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - 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