Unlisted Companies: Section 246 (5) of Companies Act, 2017 "Removal of Auditors, during their tenure"
Reform ID		F444
Description		Previously, an auditor appointed by the board or members at an annual general meeting could be removed only through a special resolution; now, the requirement for a special resolution has been removed.
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		Eliminate
Cost Savings PKR (Mil.)
Evidence