Listed Companies: Sec 74 pf Companies Acts, 2017 "Penalty"
Reform ID		F428
Description		This section of law provided that the violation of section 186 to 192 will lead to level 2 penalty and debarment for 5 years. However, in line of decriminlization of the Companies Act, 2017, it was suggested to remove the debarment as punishment.
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