Listed Companies: Sec 74 of Companies Act, 2017 "Quorum"
Reform ID		F422
Description		Previusly quoram of a public listed company was, unless the articles provide for a larger number, not less than ten members present personally, or through video-link who represent not less than twenty-five percent of the total voting power, either of their own account or as proxies. However, it was proposed to be simplified by reducing the requirements of members constituting quoram from 10 to 5.
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