Listed Companies: Sec 74 of Companies Act, 2017 "Removal of CEO"
Reform ID		F426
Description		The Board with three-fourth majority, or company through special resolution, may end appointment of chief executive, however, it was submitted that removal of CEO shall be as per terms and conditions decided by board and agreed with CEO and the current provision shall only apply in case terms and conditions are silent.
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