Listed Companies: Sec 74 of Companies Act, 2017 "Record of resolution and meetings"
Reform IDF424
DescriptionListed Companies are required to keep record of minutes of meetings and resolutions passed in physical (for 20 years) and electronic form (perpetually) at the registered office. It was proposed that the company shall now be required to retaint he records in physical form for 5 years only and electronic form for perpetuity.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionSimplify
Cost Savings PKR (Mil.)
Evidence