Listed Companies: Sec 74 of Companies Act, 2017"Chairman in a listed company"
Reform ID		F427
Description		This section provides that the Board of Directors can appoint chairman from non-executive directors within 14 days of election of directors for a period of three years. Though, it was suggested that Current time limit to apply only if Articles of Association are silent on the matter.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector
Start Date
Target Deadline
Date Enacted
Implementation Status		In Progress
Progress		25%
CCORR Direction		Simplify
Cost Savings PKR (Mil.)
Evidence